SCHEDULEAmendments to the Trade Marks (Isle of Man) Order 2013

9

After paragraph 10 insert—

10A

1

Section 24 (assignment, &c of registered trade mark) is amended as follows.

2

After subsection (1) insert—

1A

A contractual obligation to transfer a business is to be taken to include an obligation to transfer any registered trade mark, except where there is agreement to the contrary or it is clear in all the circumstances that this presumption should not apply.