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(1)The Olympics association right shall confer exclusive rights in relation to the use of the Olympic symbol, the Olympic motto and the protected words.
(2)Subject to sections 4 and 5 below, the rights conferred by subsection (1) above shall be infringed by any act done in the United Kingdom which—
(a)constitutes infringement under section 3 below, and
(b)is done without the consent of the person for the time being appointed under section 1(2) above (in this Act referred to as “the proprietor”).
(3)The proprietor may exploit the rights conferred by subsection (1) above for gain, but may not make any disposition of, or of any interest in or over, them.
(4)This section shall not have effect to permit the doing of anything which would otherwise be liable to be prevented by virtue of a right—
(a)subsisting immediately before the day on which this Act comes into force, or
(i)the registration of a design under the M1Registered Designs Act 1949 on or after the day on which this Act comes into force, or
(ii)the registration of a trade mark under the M2Trade Marks Act 1994 on or after that day.
(5)Consent given for the purposes of subsection (2)(b) above by a person appointed under section 1(2) above shall, subject to its terms, be binding on any person subsequently appointed under that provision; and references in this Act to doing anything with, or without, the consent of the proprietor shall be construed accordingly.
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