Section 29
Acquisition of intellectual property
of Agensi Inovasi Malaysia Act 2010
ActIn forceProvision 29 of 46
Section 29
(1)
The intellectual property in any research finding or project which is fully or partially funded by the Government and any private body or organization may be acquired by the Agency subject to the terms of any agreement between the Agency and the private body or organization.
(2)
The Agency may acquire any intellectual property in any research finding or project which is privately owned by entering into agreement with the owner and the intellectual property acquired under this subsection shall be registered with the national intellectual property central depository.