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Thursday, 13 September 1973
Page: 1031


Mr Lynch asked the Treasurer, upon notice:

To what extent has the Government reviewed patent licence payments by foreign-owned firms.


Mr Crean - The answer to the honourable member's question is as follows:

I am informed that the Patents Act 1962-1969 does not permit of any comprehensive review of patent licence payments. Under section 23 of the Act the Commissioner of Patents is ' required to register the title of a licensee on proof to his satisfaction of the title of the applicant. The only, sanction against failure to register a licence is to be found in section 31 wherein it is provided that in certain circumstances a document or instrument of which no entry has been made in the Register may be inadmissible in evidence in a court in proof of title to an interest in a patent.

It will be seen from the foregoing that Patent Office records contain neither a complete record of patent licences nor the details of royalty payments.







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