Law no. 35/1994 settles the obligation of musical or folklore performing and concert producers to retain and submit a 5% fee from tickets revenue to Creation Union, for which the artist stated his opinion. Likewise, cassettes an CDs producers have an obligation to submit a 2% fee from their revenues. The admission, cashing, submittal, utilization and destination control of the amounts resulting from cultural stamp application are settled in Methodological Standard No. 48211/12.09.1994, published in the Official Monitor of Romania No. 293/ of 17 October 1994.
„… 1. The amounts resulted from application of the seven stamp categories that are in line with the Law No. 35/1994, represent payment obligations for units that commercializes products and/or provide services to which one of the stamps stated apply, as paying units, and also rights entitled to creators organizations, as beneficiary units.
2. The amounts submitted to creation organizations accounts, are at the latter’s disposal, following to be used according to the object of activity mentioned in the status of every legally constituted beneficiary organization, according to Decree-Law No. 27/1990 with the approval of its management and strictly following destinations stated in the Law No. 35/1994. For this, the creation organizations will settle and approve a distinct budget.”
The Annex No. 4 of these regulations refers to musical stamp settled according to regulations provided by art. 1 d) of Law No. 35/1994 regarding the way in which the musical stamp percentage is applied and categories to which it applies: „Musical stamp is admitted for all musical performing realized in the country (including cabarets, lounges and restaurants that require entry fee), as to musical recordings, excepting folklore ones.
Romana


