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This paper aims to explore questions and concepts encountered when developing policies for an institutional repository with a library publishing component. The author describes how publishing needs and library vision shape institutional repository policies, and demonstrates that the repository’s guiding policies are determined by the repository’s purpose and scope. Policies for institutional repositories with publishing components will vary across institutions depending on the intended purpose of the repository, scope of publishing activities and institutional context. The article is useful for those just exploring library publishing with repositories and those looking to revamp their policies to accommodate this new use, the paper explores theoretical and practical questions about this new use of repositories.