Contents of Section

Chapter:

445 PDFTitle:LAYOUT-DESIGN (TOPOGRAPHY) OF INTEGRATED CIRCUITS ORDINANCEGazette Number:
Section:15Heading:Prospective ownership of layout-design (topography)Version Date:30/06/1997

(1) Where, by an agreement made in relation to a future right in a layout-design (topography) that is signed by or on behalf of the person who would be the owner of the right on its coming into existence, the person purports to assign the future right in the layout-design (topography), wholly or partially, to an assignee, the right, on coming into existence, vests in the assignee or his successor in title.
(2) A licence granted in respect of a future layout-design (topography) right by a prospective qualified owner binds each successor in title to his interest (or prospective interest) in the right, except a purchaser in good faith for value without notice (actual or constructive) of the licence and a person who derives title from the purchaser.

(Enacted 1994)