Frequently asked questions

Who can apply?

Who is eligible to apply?

All Australian residents can apply to the COLLECT Art Purchase Scheme.

If you are unsure about your eligibility, further details are available at eligibility.

Can businesses apply?

No, businesses cannot buy artwork using the COLLECT Art Purchase Scheme. The Scheme is intended for the public to purchase artworks for their own private and personal enjoyment, not as a commercial undertaking or a business activity.

Can couples apply?

No, applications can only be lodged by one person. Joint applications cannot be accepted.

What if I live interstate?

Any Australian resident can apply for a COLLECT Art Purchase Scheme loan. If the participating arts business filled in a Holding Form while you were present and verified your identity and proof of address, then all you need to do is submit your Online Loan Application.

If you have returned home without the arts business completing a Holding Form or are purchasing artwork from an arts business's website, then you will need to send Arts Tasmania photo identification and proof of current address when completing your online application.

You may also need to pay freight costs in addition to the artwork. Freight costs cannot be included in the loan.


Where can I buy artworks?

The COLLECT Art Purchase Scheme can only be accessed through participating arts businesses.

What artworks can I buy?

Sculpture, glasswork, ceramics, paintings, works-on-paper, photographs, furniture, textiles, jewellery, metalwork, woodwork, new media, limited edition prints … any artwork by a Tasmanian living artist from a participating arts business. It must, however, be the first sale of the artwork – i.e. it must not have been previously owned or sold.

How many artworks can I buy?

You can buy multiple artworks as long as they are all bought from the same arts business at the same time. You can detail up to four artworks on the loan application form. If you wish to buy more than four artworks please contact Arts Tasmania on 03 6165 6666 during business hours.

The retail prices and the loan amount must meet the figures detailed in How much can I borrow?

Can I buy prints?

Yes, you can use the COLLECT Art Purchase Scheme to buy limited edition prints where the print run is less than, or equal to, 150 prints. You cannot use it to buy reproductions or posters.

Can I commission artworks?

Yes - the minimum and maximum caps for retail prices and loans still apply to commissions.

How do I reserve the artwork? The Holding Form

You need to ensure that you have let the arts business know that you want to buy the artwork and that you intend to apply for a COLLECT Art Purchase Scheme loan. The arts business will then fill out a Holding Form which details the artwork you want to buy and reserves it for a set period of time you while you fill out the Online Loan Application.

The Holding Form is normally completed while you are physically present in the arts business so your photo ID and proof of address can be verified.

What if I am not at the arts business when I decide to buy one of their artworks?

If you are not physically present at the arts business when you decide to purchase an artwork, or it is an artwork you have seen on the arts business's website, you can still apply for a loan. Firstly you must contact the arts business to let them know you wish to buy the artwork.  They will take your details and note the details of the artwork on the Holding Form which they will then send to us. When you submit your application you will need to include photo ID and proof of address.


How much can I borrow?

The minimum amount you can borrow is $1 000 and the maximum is $8 500.

The minimum retail price for an artwork able to be purchased using a COLLECT loan is $550, so you will need to buy at least two $550 artworks to be eligible for a $1 000 loan.

The maximum retail price for an artwork able to be purchased using a COLLECT loan is $11 500, so to buy an artwork retailing above $8 500, you will need to pay the balance as a deposit. For example, if you purchase an artwork retailing at $11 500, you may borrow up to $8 500 and will need to pay a deposit of $3 000, which is the difference between loan amount and the value of the artwork.

What does it cost?

There are no application or administrative fees. The only cost is the retail price of the artwork plus any freight costs you may incur.

If you miss payments, however, there will be additional costs.

When and how do I have to repay the loan?

The length of the loan is one year. Repayments are to be made each month in 12 equal instalments paid via direct debit. There are no penalties for early pay out of the loan.

What if I miss a repayment?

If your direct debit is declined by your bank, you'll be charged a $25 dishonour fee by Arts Tasmania in addition to any charges you may incur from you bank. The Arts Tasmania dishonour fee will be added to your next instalment.

If any payment is not made within five days of the due date then you will need to repay the entire outstanding loan balance immediately and interest will be charged on any outstanding balance at the rate of 13 per cent per annum.

How many loans can I have at once?

You can only have one active loan at a time although this one loan can cover a number of different artworks purchased at the same time from the same arts business. There are no penalties for early pay out of a loan if you would like to finish one loan in order to take out another.

What paperwork do I have to complete?

You will need to:

  • sign the Holding Form at the arts business, providing proof of identity and address OR if you were not physically present in the arts business, ensure the arts business has completed the Holding Form and that you provide the required proof of identity and address with your application
  • complete and submit the Online Loan Application form
  • if successful in your application, sign the Loan Agreement including the Direct Debit Authority which we will email to you.

How long does the whole process take?

It takes approximately 12 working days from the time you select an artwork and complete the Holding Form until the artwork is available for collection.

The Holding Form will detail the date by which you have to submit your application. Usually this is within two days of requesting the artwork to be reserved for you to buy.

Once Arts Tasmania receives your application we will notify you by email within five business days to let you know if your application has been successful.

If your Loan is approved you must sign and return the Loan Agreement including a Direct Debit Authority to us within five business days of issue. You can do this by printing, signing, scanning and emailing them back to us.

Once we have received your signed Loan Agreement including the Direct Debit Authority we advance the loan amount directly to the arts business thus funding the purchase of the artwork. You can then collect your artwork from the arts business as long as there are no outstanding balances or freight charges owing.

Who provides the loan?

The loan is provided by Arts Tasmania through the Tasmanian Government. Loans are subject to approval from Arts Tasmania.

Can I use the arts business's lay-by system in conjunction with a COLLECT Art Purchase Scheme loan?

No, the cost of the artwork must be covered either entirely with the loan or a combination of a loan and an upfront cash payment made by you to the arts business as a deposit or balance payment.

Loan applications

How long do I have to submit my loan application once I've agreed with the arts business which artwork I want?

On the Holding Form the arts business will detail the dates that they are prepared to hold the artwork to enable you to get online and submit your loan application. They are only obliged to hold the artwork for two days. Occasionally this may be extended – if you are travelling interstate for example.

If you do not submit your loan application within the agreed holding period, the arts business is no longer obliged to reserve the artwork for you and may sell it to another customer. If this happens the arts business must refund any holding deposit you may have paid.

Do you conduct a search on my credit history?

Yes, the Business, Finance and Compliance unit of the Department of State Growth conducts a credit check when we receive your loan application.

How long does my application take to process?

Once received, it takes five business days to process your application. If your application is approved you then have a further five days to sign and return your Loan Agreement including the Direct Debit Authority. Once you have sent back your signed documents and the arts business has been paid, the artwork will be released to you.

What notification will I receive?

Once you submit your application you will see a confirmation screen appear. This confirmation will also include the details you have submitted in your application. If you wish to keep a record of your application you should print that screen before you close it. You will also receive an email at the email address provided in your application confirming receipt of your application. We will then notify you by email of the outcome of your application within five working days of receipt of your application. We will also email you the loan documents if your application is successful. When your loan has been repaid you will receive confirmation of this from the Department of State Growth.

What if my loan application is not successful?

If your loan application is unsuccessful we will notify you by email as noted above. We will also notify the arts business. If you still wish to purchase the artwork you should get in touch with the arts business as soon as possible as they will no longer be obliged to hold the artwork once we notify them. There may be a range of other options available to you through the arts business to purchase the artwork.

If you paid a holding deposit to the arts business then you should contact them to arrange for its return.

What are the terms and conditions of a loan?

The terms and conditions of the loan are detailed here. You must read and accept the terms and conditions before lodging your application.

Is this site secure?

Yes, the COLLECT Art Purchase Scheme site has a security certificate to protect your information.

Arts businesses

How to join the COLLECT Art Purchase Scheme

To apply to be part of the COLLECT Art Purchase Scheme see the Application for Arts Businesses.

Applications are assessed against the criteria of quality, planning and business practice.