Artist''s Resale Right ("droit de Suite").
If the Artist''s Resale Right Regulations 2006 apply to this lot, the buyer also agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist''s collection agent.
VAT at a rate of 5.5% will be payable on both the hammer price
and the Buyer’s premium. It will be refunded to the Buyer upon
proof of export of the lot outside the European Union within the
legal time limit. (Please refer to section VAT refunds).