

On 21/05/2013,
you requested for the version in force on 21/05/2013
incorporating all amendments published on or before 21/05/2013.
The closest version currently available is that of 21/12/1998.

PART IV
REGISTERED TRADE MARK AS OBJECT OF PROPERTY
37.
—(1) Where a registered trade mark is granted to 2 or more persons jointly, each of them is entitled, subject to any agreement to the contrary, to an equal undivided share in the registered trade mark.
(2) Subsections (3) to (8) apply where 2 or more persons are co-proprietors of a registered trade mark, by virtue of subsection (1) or otherwise.
(3) Subject to any agreement to the contrary, each co-proprietor is entitled, by himself or his agents, to do for his own benefit and without the consent of or the need to account to the other or others, any act which would otherwise amount to an infringement of the registered trade mark.
(4) One co-proprietor may not, without the consent of the other or others —
(a)
grant a licence to use the registered trade mark; or
(b)
assign or charge his share in the registered trade mark.
(5) Infringement proceedings may be brought by any co-proprietor, but he may not, without the leave of the Court, proceed with the action unless the other, or each of the others, is either joined as a plaintiff or added as a defendant.
(6) A co-proprietor who is added as a defendant under subsection (5) shall not be made liable for any costs in the action unless he takes part in the proceedings.
(7) Nothing in subsection (5) shall affect the granting of interlocutory relief on the application of a single co-proprietor.
(8) Nothing in this section affects the mutual rights and obligations of trustees or personal representatives, or their rights and obligations as such.
38.
—(1) A registered trade mark is assignable and transmissible in the same way as other personal or movable property, and is so assignable or transmissible either in connection with the goodwill of a business or independently.
(2) An assignment or transmission of a registered trade mark may be partial, that is, limited so as to apply in relation to some but not all of the goods or services for which the trade mark is registered.
(3) An assignment of a registered trade mark, or an assent relating to a registered trade mark, is not effective unless it is in writing signed by or on behalf of the assignor or, as the case may be, a personal representative.
(4) Subsection (3) may be satisfied in a case where the assignor or personal representative is a body corporate by the affixing of its seal.
(5) Subsections (1) to (4) shall apply to assignment by way of security as they apply to any other assignment.
(6) A registered trade mark may be the subject of a charge in the same way as other personal or movable property.
(7) Nothing in this Act shall be construed as affecting the assignment or transmission of an unregistered trade mark as part of the goodwill of a business.
39.
—(1) On application being made to the Registrar by —
(a)
a person claiming to be entitled to an interest in or under a registered trade mark by virtue of a registrable transaction; or
(b)
any other person claiming to be affected by such a transaction,
the prescribed particulars of the transaction shall be entered in the register.
(2) The following are registrable transactions under subsection (1):
(a)
an assignment of a registered trade mark or any right in it;
(b)
the grant of a licence under a registered trade mark;
(c)
the granting of any security interest (whether fixed or floating) over a registered trade mark or any right in or under it;
(d)
the making by personal representatives of an assent in relation to a registered trade mark or any right in or under it;
(e)
an order of the Court or other competent authority transferring a registered trade mark or any right in or under it.
(3) Until an application has been made for registration of the prescribed particulars of a registrable transaction —
(a)
the transaction is ineffective as against a person acquiring a conflicting interest in or under the registered trade mark in ignorance of it; and
(b)
a person claiming to be a licensee by virtue of the transaction does not have the protection of section 44 or 45.
(4) A person who becomes the proprietor or a licensee of a registered trade mark by virtue of a registrable transaction is not entitled to damages or account of profits in respect of any infringement of the registered trade mark occurring after the date of the transaction and before the date of application for registration of the prescribed particulars of the transaction.
(5) Provision may be made by rules as to —
(a)
the amendment of registered particulars relating to a licence so as to reflect any alteration of the terms of the licence; and
(b)
the removal of such particulars from the register —
(i)
where it appears from the registered particulars that the licence was granted for a fixed period and that period has expired; or
(ii)
where no such period is indicated and, after such period as may be prescribed, the Registrar has notified the parties of his intention to remove the particulars from the register.
(6) Provision may also be made by rules as to the amendment or removal from the register of particulars relating to a security interest on the application of, or with the consent of, the person entitled to the benefit of that interest.
40.
—(1) No notice of any trust (express, implied or constructive) shall be entered in the register, and the Registrar shall not be affected by any such notice.
(2) Subject to the provisions of this Act, equities in respect of a registered trade mark may be enforced in like manner as in respect of other personal or movable property.
41.
—(1) The provisions of sections 36, 37, 38 and 40 shall apply, with the necessary modifications, in relation to an application for the registration of a trade mark as they apply in relation to a registered trade mark.
(2) For the purposes of subsection (1), the reference in section 37(1) to the granting of a registration shall be construed as a reference to the making of an application for the registration of a trade mark.
(3) A person claiming to be entitled to an interest in or under an application for registration of a trade mark by virtue of a registrable transaction, or a person claiming to be affected by such a transaction, shall give to the Registrar notice of the prescribed particulars of the transaction.
(4) The following are registrable transactions under subsection (3):
(a)
an assignment of an application for registration of a trade mark or any right in or under it;
(b)
the granting of any security interest (whether fixed or floating) over an application for registration of a trade mark or any right in or under it;
(c)
the making by personal representatives of an assent in relation to an application for registration of a trade mark or any right in or under it;
(d)
an order of the Court or other competent authority transferring an application for registration of a trade mark or any right in or under it.
(5) Until the notice referred to in subsection (3) has been given to the Registrar, the transaction is ineffective as against a person acquiring a conflicting interest in or under the application for registration of the trade mark in ignorance of it.






