Section 9: Mode of benefit sharing in IPR

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

(1) The applicant shall, in case of commercializing the IPR obtained, pay to the NBA such monetary and/or nonmonetary benefit, as agreed between the applicant and the NBA.

(2) Where the applicant himself commercialises the process/ product/ innovation, the monetary sharing shall be in the range of 0.2 to 1.0% based on sectoral approach, which shall be worked out on the annual gross ex-factory sale minus government taxes.

(3) Where the applicant assigns / licenses the process / product / innovation to a third party for commercialisation, the applicant shall pay to NBA 3.0 to 5.0% of the fee received (in any form including the license / assignee fee) and 2.0 to 5.0% of the royalty amount received annually from the assignee / licensee, based on sectoral approach.

Where this provision sits

Act	जैविक संसाधनों तक पहुंच और सहयुक्त जानकारी तथा फायदा बंटाना विनियम, 2014
Section	9
Marginal note	Mode of benefit sharing in IPR
Jurisdiction	State of Madhya Pradesh
Status	In force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

Search 49,000+ Central and State enactments by what a provision says, not by its number
Jump from any section to every judgment that has applied it
Search 300 million+ Indian court records alongside the statute
Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

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.