Source · Select Committees · Culture, Media and Sport Committee
Recommendation 7
7
Acknowledged
Ensure broad representation and utmost transparency for the charitable trust administering live music levy funds.
Recommendation
There is broad consensus that a charitable organisation is best placed to administer the levy funds. While Arts Council England is already well-established and well- placed to distribute funding, we accept that a trust led by a sector umbrella body, such as the LIVE Trust or Music Venues Trust, is the best way to collect, manage and distribute a voluntary fund. For this to succeed, we recommend that it contains Grassroots music venues 37 broad representation for all stakeholders, including venues from GMVs to arenas, artists and their business partners and national and independent promoters among its trustees. A trust must provide the utmost transparency and due diligence for its decisions to ensure it can maintain the confidence of all stakeholders within the fragile live music ecosystem. (Paragraph 50) VAT and business rate relief
Government Response Summary
The government agrees with the recommendation for a charitable organization to administer the levy, welcoming LIVE's efforts and encouraging broad stakeholder representation, transparency, and due diligence in its management.
Government Response
Acknowledged
HM Government
Acknowledged
We agree that a charitable organisation led by a sector umbrella body would be best placed to administer funds from a voluntary industry levy. We welcome steps taken by LIVE to establish a charitable organisation, and encourage broad representation from across the live and electronic music ecosystem on how the fund is managed and distributed. We agree on the need for transparency and due diligence and encourage the LIVE Trust to engage with leaders in grantmaking, such as Arts Council England (ACE), to understand the principles of best practice. We will continue to engage closely with the sector on these proposals, and ACE is committed to continuing its existing partnership with the sector.