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← Patents Act 1994

Patents Act 1994 s 62

s 62 Patentee entitled to remuneration

62.—(1) Subject to subsection (2), where an act is done under section 56, the Government must pay such remuneration to the patentee as may be agreed, or as may be determined by a method agreed, between the Government and the patentee having regard to the economic value of the patented invention or as may, in default of agreement, be determined by the court under section 58.[18/2008] (2) No remuneration is payable under subsection (1) in respect of the import or subsequent use under section 56(2) of any relevant health product, if the patentee has received or will receive any other remuneration in respect of that relevant health product.[18/2008]

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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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