Up to now, PPL has at its discretion operated a policy of seeking to distribute monies to members relating to sound recording usage from as far back as 1996 (or in respect of record company members, from the date of joining PPL). This has previously applied even where income relates to usage falling outside the six year statutory limitation period.
With effect from July 2010, as part of our ongoing systems development programme, we are intending to change this policy so that we will only distribute income relating to sound recording usage within the applicable statutory limitation period of six years.
Up until 26 April 2010, we will continue to accept claims under the existing discretionary policy for income relating to use of a track between 1996 and 2003. After 26 April 2010, any accepted claims will only receive distributions for sound recording usage within the applicable six year statutory limitation period. Because of this it is important that you ensure that we have all of your up-to-date details.
This change of policy will enable PPL to release previously undistributable income to its members (relating to sound recording usage between 1996 and 2003). This discretionary release of income will be carried out in accordance with guidelines to be set by the PPL Board and Performer Board.
This is a positive change that will ensure that held income is distributed within a reasonable period of time.