Malaysia legislation

Section 25

of Sarawak Research and Development Council Ordinance, 2017

Section 25

Regulations

(2)

Without prejudice to the generality of subsection (1) such regulations may provide for—

(a)

the form and contents or fundamental terms to be incorporated into any licence that the Council may grant for the use of any intellectual property rights owned or belonging to the Council;

(b)

the provision and development of incubation facilities and the terms for the granting of loan, advances and financial assistance in relation thereto;

(c)

the collaborative arrangements or joint ventures or profit sharing schemes that the Council may enter into with educational institutions and research organizations;

(d)

the terms and conditions for the use or leasing of any research facilities or equipment owned or belonging to the

Council;

(e)

the acquisition and transfer of technology from outside Sarawak for any specific research and development;

and

(f)

the prescription of offences and its punishment for any contravention of any regulations made hereunder.

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