I believe your interpretation is correct. In the UK, it is illegal to lend copyrighted works, with exceptions for some public transfers (18A of the Copyright D

I believe your interpretation is correct. In the UK, it is illegal to lend copyrighted works, with exceptions for some public transfers (18A of the Copyright Designs and Patents Act 1988 - http://www.legislation.gov.uk/ukpga/1988/48/section/18A http://www.legislation.gov.uk/ukpga/1988/48/section/18A) or under very specific "fair dealing" clauses. It is even currently illegal to copy your own CD, though that will specifically be changed shortly by some new legislation (http://www.ipo.gov.uk/about/press/press-release/press-release-2012/press-release-20121220.htm http://www.ipo.gov.uk/about/press/press-release/press-releas...).