Paragraph 1: Provisions common to the publication of a book in printed and digital form

I.-For each book, the publisher is required to report to the author on the calculation of his remuneration in an explicit and transparent manner.

To this end, the publisher shall send the author, or make available to the author by an electronic communication process, a statement of accounts mentioning:

1° Where the book is published in printed form, the number of copies manufactured during the financial year, the number of copies in stock at the beginning and end of the financial year, the number of copies sold by the publisher, the number of copies out of copyright and destroyed during the financial year and, if the publishing contract provides for a provision for returns of unsold copies, the amount of the provision made and the method of calculation ;

2° Where the book is published in digital form, revenue from unit sales and from each of the other methods of exploiting the book;

3° In all cases, a list of transfers of rights made during the financial year, the amount of the corresponding royalties due or paid to the author and the bases and rates of the various remunerations provided for in the publishing contract.

A specific part of this statement of accounts is devoted to the exploitation of the book in digital form.

The statement of accounts is drawn up at least once a year, on the date stipulated in the contract or, in the absence of a date, no later than six months after the accounts are closed.

II.-If the publisher has not complied with its obligation to submit the accounts in the manner and within the timeframes set out in I, the author has six months in which to give formal notice to the publisher to do so.

If this formal notice is not acted upon within three months, the contract is terminated ipso jure.

III.-Where the publisher has only complied with its obligation to render accounts during two successive financial years following formal notice from the author, the contract is terminated ipso jure three months after the second formal notice.

IV.-The publisher remains bound, even in the absence of formal notice from the author, to comply with its legal and contractual obligations to render accounts.