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Section 14: Determination of benefit sharing

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

(1) Benefit sharing may be done in monetary and/ or non-monetary modes, as agreed upon by the applicant and the NBA/ SBB concerned in consultation with the BMC/ Benefit claimer, etc. Options for such benefit sharing are provided in Annexure–1.

(2) Determination of benefit sharing shall be based on considerations such as commercial utilization of the biological resource, stages of research and development, potential market for the outcome of research, amount of investment already made for research and development, nature of technology applied, time-lines and milestones from initiation of research to development of the product and risks involved in commercialization of the product:

Provided that special consideration may be given to cases where technologies/products are developed for controlling epidemics/diseases and for mitigating environmental pollution affecting human/ animal/plant health.

(3) The amount of benefit sharing shall remain the same whether the end product contains one or more biological resources.

(4) Where the biological resources of a product are sourced from the jurisdiction of two or more SBBs, the total amount of the accrued benefits shall be shared among them in proportion as decided by the NBA / SBBs concerned, as the case may be.

Where this provision sits

Actजैविक संसाधनों तक पहुंच और सहयुक्त जानकारी तथा फायदा बंटाना विनियम, 2014
Section14
Marginal noteDetermination of benefit sharing
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.