comply within 3 months of such suspension, the Commission may revoke
its licence.
3. Any officer of an organization who has been cautioned for two time may
be disqualified by the Commission from holding any management
position in any collecting organization unless he satisfies the Commission
on why he shall not be disqualified or why such disqualification shall be
lifted
21. Existing Collecting Societies
An existing Collective Management Organisation approved or whose approval has
been renewed at the time these Regulations come into force shall be deemed to be
licensed under these Regulations and may continue operations for the unexpired
period of its approval provided that if such Organisation applies for renewal, the
application shall be in accordance with the provisions of paragraph 2 of these
Regulations.
22. Interpretation
(1) In these Regulations unless the context otherwise requires –
”Act” means the Copyright Act Chapter C28 Laws of the Federation of
Nigeria 2004.
“Auditor” means a person licensed to practice in accordance with the laws of
the Federal Republic of Nigeria.
“Collective Management Organisation” means Collecting Society as defined
in the Copyright Act.
“Copyright owner” means any natural or legal person that holds a copyright.
“Dispute Resolution Panel” means a panel constituted pursuant to the
provisions of these Regulations.
“Legal Practitioner” has the meaning assigned to it by the Legal Practitioners
Act.
“Licence” means a lawfully granted licence permitting the doing of an act
controlled by this Act.
“Reciprocal Representation Agreement” means any agreement between
foreign collecting societies and indigenous collective management society
whereby one collective management organisation grants to the other the right
to manage its repertoire in the territory of the other.