ARTIST'S RESALE RIGHT

That this House congratulates the Government on successfully introducing the Artist's Resale Right in 2006; notes that under the new right the Design and Artists Copyright Service has so far collected more than £5.2 million on behalf of more than 1,500 artists, who have now received royalties with an average payment of £501 per work of art; believes this has strengthened the flourishing British art market by supporting struggling artists; and considers that the right should be extended to the estates of deceased artists as soon as possible without extending the current derogation beyond 2010.