§ 462 — Class licences

462.—(1) The Minister may, by regulations —(a)

establish one or more class licences (whether for all CMOs or for different classes of CMOs);

(b)

prescribe, change, add to or revoke class licence conditions; and

(c)

end a class licence.

(2) Without limiting subsection (1)(b), class licence conditions may relate to —(a)

the rights that a CMO must grant to its members;

(b)

the collection and distribution of royalties or any other payment by the CMO;

(c)

the information that a CMO must provide to its members or the public;

(d)

the manner by which a CMO must resolve any disputes with its members; and

(e)

the governance of a CMO.

—(1) The Minister may, by regulations —(a)

establish one or more class licences (whether for all CMOs or for different classes of CMOs);

(b)

prescribe, change, add to or revoke class licence conditions; and

(c)

end a class licence.

(2) Without limiting subsection (1)(b), class licence conditions may relate to —(a)

the rights that a CMO must grant to its members;

(b)

the collection and distribution of royalties or any other payment by the CMO;

(c)

the information that a CMO must provide to its members or the public;

(d)

the manner by which a CMO must resolve any disputes with its members; and

(e)

the governance of a CMO.