What are the provisions regarding 'Administration of Rights of owner by Copyright Society' as per Section 34 of Copyright Act, 1957?

Section 34 of the Copyright Act, 1957 empowers a copyright society to accept exclusive authorisation from an author and other owners of right to administer any right in any work by issue of licences or collection of licence fees or both. Such authorization can be withdrawn by an author and other owners of right. Copyright society is competent to enter into agreement with any foreign society or organisation administering rights corresponding to rights under the Indian Copyright Act to entrust to such foreign society or organisation the administration in any foreign country of rights administered by the said copyright society in India, or for administering in India the rights administered in a foreign country by such foreign society or organisation. Copyright Society empower to- issue licences under Section 30 in respect of any rights under this Act; collect fees in pursuance of such licences; distribute such fees among author and other owners of right after making deductions for its own expenses; perform any other functions consistent which the provisions of Section 35.