(3) The Commission may refuse to approve an application for renewal of a
licence if it is of the opinion that the Collective Management Organisation
no longer meets the requirement for grant of licence.
CHAPTER 2
MEMBERSHIP AND MANAGEMENT OF COLLECTIVE MANAGEMENT
ORGANISATIONS.
5. Membership Admission
(1) Membership of a Collective Management Organisation shall be made
open to all copyright owners of the category of works or class(es) of rights
to which the Organisations seeks licence or is licensed to operate under
these Regulations.
(2) A Collective Management Organisation shall not impose condition(s)
requiring a member to constitute the Organisation as his sole collecting
agent or as agent for any other purpose otherwise than for the purpose of
managing the rights of the member within the scope of the Organisation’s
licence under these Regulations.
(3) A Collective Management Organisation shall not make a mandatory
requirement for a member to assign to it the right to collect royalties from
equivalent foreign collective administration schemes.
(4) A Collective Management Organisation may make provision for collective
membership through an association of right owners or for admission of
members through their agents, provided that in such a case, the agent or
the association shall undertake to indemnify the Organisation against
claims from the actual right holder in respect of any royalty distributed to
the agent or the association.
(5) Where the Commission is satisfied that an organisation is in breach of
subparagraphs 1, 2 and 3 above, the Organisation and/or its officers may
be liable to a written caution and may be required to rectify the breach
within a specified time, failing which the Organisation shall be liable to a
fine of N50,000.00
6. Rights of Members
(1) Each member of a Collective Management Organisation shall be entitled
to one vote with similar rights and privileges.
(2) Each member shall be entitled to obtain from the Organisation:
a. annual statements of accounts;