Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) On and after the day on which this section commences, a former owner of the copyright in a sound recording of a live performance may:
(a) do an act comprised in the copyright; or
(b) do any other act in relation to the copyright;
as if each new owner of the copyright had granted a licence or permission (however described) to the former owner to do the act.
Note: However, the former owner may still need to obtain the consent of other former owners of the copyright before doing the act.
(2) Subsection (1) applies to:
(a) the former owner's licensees and successors in title; and
(b) any persons who are authorised by the former owner; and
(c) any persons who are authorised by the former owner's licensees or successors in title;
in the same way as it applies to the former owner.
(3) Subsections (1) and (2) may be excluded or modified by an agreement (whether made before or after this section commences) between the former owner and a new owner.