Copyright Levies definition
Copyright Levies means, for the purposes of this Agreement, the levies on certain private copyrights on recordable optical media intended to compensate copyright holders with fair compensation for the harm caused by private copies made by natural persons of protected works under the European Copyright Directive, which became effective in 2002 (the “Directive”), which levies are generally charged directly to the importer of a product upon the sale of the products, and payers of levies thereby remit levy payments to collecting societies which, in turn, distribute funds to copyright holders.