§ Where the property of a bankrupt comprises the copyright in any work or any interest, in such copyright, and he is liable to pay to the author of the work royalties or a share of the profits in respect thereof, the trustee in the bankruptcy shall not be entitled to sell, or authorise the sale of, any copies of the work, or to perform or authorise the performance of the work, except on the terms of paying to the author such sums by way of royalty or share of the profits as would have been payable by the bankrupt, nor shall he be entitled to assign the right or transfer the interest or to grant any interest in the right by licence, without the consent of the author or of the court.
§ Amendments made: After the word "he" ["nor shall he be entitled"] insert the words "without the consent of the author or of the court."
§ Leave out the words "without the consent of the author or of the court," and insert instead thereof the words "except upon terms which will secure to the author payments by way of royalty or share of profits at a rate not less than that which the bankrupt was liable to pay." —[Mr. Buxton.]