ds "in its first term" and by substituting
"$20" in lieu of "$12." Pub. L. No. 102-307, 106 Stat. 264, 266.

In 1997, section 708 was amended by rewriting subsections (b) and (d) in
their entirety. Pub. L. No. 105-80, 111 Stat. 1529, 1532.

The Work Made for Hire and Copyright Corrections Act of 2000 amended
section 708 by rewriting subsection (a), by substituting new language
for the first sentence in subsection (b) and by substituting
"adjustment" for "increase" in paragraph (b)(1), the word "adjust" for
"increase" in paragraph (b)(2) and the word "adjusted" for "increased"
in paragraph (b)(5). Pub. L. No. 106-379, 114 Stat. 1444, 1445. The Act
also stated that "The fees under section 708(a) of title 17, United
States Code, on the date of the enactment of this Act shall be the fees
in effect under section 708(a) of such title on the day before such date
of enactment."

7 The current fees may be found in the *Code of Federal Regulations,
[http://www.loc.gov/copyright/title37/] * at 37 C.F.R. Sec. 201.3,
[http://www.loc.gov/copyright/title37/] as authorized by Pub. L. No.
105-80, 111 Stat. 1529, 1532. In Pub. L. No. 105-80, Congress amended
section 708(b) to require that the Register of Copyrights establish fees
by regulation.

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Chapter 8 [1]

Copyright Arbitration Royalty Panels

+ 801. Copyright arbitration royalty panels: Establishment and purpose
+ 802. Membership and proceedings of copyright arbitration royalty
panels
+ 803. Institution and conclusion of proceedings

Section 801. Copyright arbitration royalty panels: Establishment and
purpose [2]

(a) Establishment. The Librarian of Congress, upon the recommendation of
the Register of Copyrights, is authorized to appoint and convene
copyright arbitration royalty panels.

(b) Purposes. Subject to the provisions of this chapter, the purposes of
the copyright arbitration royalty panels shall be as follows:

(1) To make determinations concerning the adjustment of reasonable
copyright royalty rates as provided in sections 114, 115, 116, and 119,
and to make determinations as to reasonable terms and rates of royalty
payments as provided in section 118. The rates applicable under sections
114(f)(1)(B), 115, and 116 shall be calculated to achieve the following
objectives:

(A) To maximize the availability of creative works to the public;

(B) To afford the copyrigh