Housing Development Agency Act, 2008
R 385
Intellectual Property Rights from Publicly Financed Research and Development Act, 2008 (Act No. 51 of 2008)RegulationsIntellectual Property Rights from Publicly Financed Research and Development Regulations, 20091. Definitions and Interpretation |
| (1) | In these regulations, unless the context otherwise indicates, any word or expression to which·a meaning has been assigned in the Act has the same meaning, and— |
"benefits"
means contribution to the socio-economic needs of the Republic and includes capacity development, technology transfer, job creation, enterprise development, social upliftment and products, or processes or services that embody or use the intellectual property;
"exclusive licence"
means any agreement in terms of which a third party is granted exclusive rights in a licensed territory or field of use to intellectual property under the Act subject to Government's rights to such intellectual property in terms of the Act;
"resources"
mean any contribution to research and development, and includes contribution in the form of financial or human resources, materials and infrastructure to undertake research and development, relevant background intellectual property, equipment and facilities; and the
"Act"
means the Intellectual Property Rights from Publicly Financed Research and Development Act, 2008 (Act No. 51 of 2008).
| (2) | Whenever the last day fixed by the Act or by these regulations for doing anything falls on a Saturday or Sunday or a day which is a public holiday in the Republic, it will be lawful to do any such thing on the next day following such Saturday, Sunday or public holiday, which itself is not a Saturday, Sunday or public holiday. |
| (3) | Whenever any period is specified in these regulations within which any act is to be performed by a recipient, NIPMO may, except where expressly provided otherwise, extend such period either before or after its expiry. |
