The Senate to the Government: a law to distribute the remaining assets of the IMAIE’s liquidation.

The Italian Senate approved a report on the liberalization of neighbouring rights’ market.  

After examining the subject, the Senate drafted a document in which, specifically, commits the Government to intervene, even with the adoption of a specific law, so that the 99 million euro of the remaining assets of the IMAIE’s liquidation will be distributed across all the collective management organisations.

The market liberalization has showed the need to modify the contents of the law establishing Nuovo Imaie (Law 100/2010), where Nuovo Imaie is indicated as the sole beneficiary of such sums.

The report underlines also the need for a coherent action at the level of primary legislation. It’s not possible to regulate the neighbouring rights’ subject exclusively through emergency decrees.