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← Layout-Designs of Integrated Circuits Act 1999

Layout-Designs of Integrated Circuits Act 1999 s 18

s 18 Assignments and licences of layout-design

18.—(1) A right in a layout-design is movable property and is transmissible by any means by which such property may be lawfully transmitted including assignment, licence, testamentary instrument and operation of law. (2) An assignment or transmission may be total or partial. (3) An assignment is ineffective unless it is in writing and signed by or on behalf of the assignor. (4) A licence granted in respect of a layout‑design right by a qualified owner binds each successor in title to the qualified owner’s 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.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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