5.

In accordance with the provisions laid down in Chapter 2 of Title II, the general assembly of members shall decide at least on the following issues: the general policy on the distribution of amounts due to rightholders; the general policy on the use of non-distributable amounts; the general investment policy with regard to rights revenue and to any income arising from the investment of rights revenue; the general policy on deductions from rights revenue and from any income arising from the investment of rights revenue; the use of non-distributable amounts; the risk management policy; the approval of any acquisition, sale or hypothecation of immovable property; the approval of mergers and alliances, the setting-up of subsidiaries, and the acquisition of other entities or shares or rights in other entities; the approval of taking out loans, granting loans or providing security for loans.

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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.