management fees
as defined in Regulation (EU) 2021/1060 of the European Parliament and of the Council of…, Article 2, point (26) (Definitions)
a price for services rendered, as determined in the funding agreement between the managing authority and the body implementing a holding fund or a specific fund; and, where applicable, between the body implementing a holding fund and the body implementing a specific fund;
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Also defined in
- Directive 2014/26/EU of the European Parliament and of the Council of 26 February 2014 on collective management of… 32014L0026, Article 3, point (i)
the amounts charged, deducted or offset by a collective management organisation from rights revenue or from any income arising from the investment of rights revenue in order to cover the costs of its management of copyright or related rights;