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Section 12: Mode of benefit sharing for transfer of accessed biological resource and/ or associated knowledge to third party for research/ commercial utilization

जैविक संसाधनों तक पहुंच और सहयुक्त जानकारी तथा फायदा बंटाना विनियम, 2014State Regulations of Madhya Pradesh · 2002

14 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]

(1) The applicant shall pay to the NBA such monetary and/ or non-monetary benefit, as agreed between the applicant and the NBA.

(2) Applicant (transferor) shall pay to the NBA 2.0% to 5.0 % (following a sectoral approach) of any amount and/ or royalty received from the transferee, as benefit sharing, throughout the term of the agreement.

(3) In case the biological resource has high economic value, the applicant shall also pay to the NBA an upfront payment, as mutually agreed between the applicant and the NBA.

Where this provision sits

Actजैविक संसाधनों तक पहुंच और सहयुक्त जानकारी तथा फायदा बंटाना विनियम, 2014
Section12
Marginal noteMode of benefit sharing for transfer of accessed biological resource and/ or associated knowledge to third party for research/ commercial utilization
JurisdictionState of Madhya Pradesh
StatusIn force as published by the source

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Need this as data, not as a page? जैविक संसाधनों तक पहुंच और सहयुक्त जानकारी तथा फायदा बंटाना विनियम, 2014 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.