3. — Directive 2014/26/EU of the European Parliament and of the Council of 26…

3.

Directive 2014/26/EU of the European Parliament and of the Council of 26 February 2014 on collective management of copyright and related rights and multi-territorial licensing of rights in musical works for online use in the internal market Text with EEA relevance · European Union

A collective management organisation shall keep separate in its accounts: rights revenue and any income arising from the investment of rights revenue; and any own assets it may have and income arising from such assets, from management fees or from other activities.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-31 · Text as adopted (Official Journal); later amendments are not incorporated in this text.