RADIO PATENT RIGHTS
NEW SYSTEM OF PAYMENT EXTRA CHARGE ON NEW SETS (Per United Press Association.) AUCKLAND. May 7. A new agreement concerning the payment of royalties for patent rights has been made by the representatives of the retail radio trade and the representatives of the patentees, who met in conference at Wellington last week. For some years the P- and T. Department has paid to the holders of patent rights Ss out of each listener’s fee to cover all claims for the use of patented apparatus. This arrangement has been terminated, and the new agreement will replace it. On and after June 1 no receiver will be imported, manufactured,- or sold in New Zealand by a radio dealer without the payment of 3s 6d per anode stream. This is roughly 3s 6d per valve. A five-valve set will thus be subject to a royalty of 17s 6d from June 1. All importers and manufacturers of receiving sets will be required to provide a fidelity bond of £l5O for the patent right holders. On June 1 all radio dealers will be required to declare their stocks, and all sets then unsold will be subject to tbe new charges.
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Bibliographic details
Otago Daily Times, Issue 22256, 8 May 1934, Page 8
Word Count
198RADIO PATENT RIGHTS Otago Daily Times, Issue 22256, 8 May 1934, Page 8
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