Marine Institute Act, 1991

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Discoveries and inventions.

22.—(1) Every discovery and invention resulting from researches or investigations undertaken by or on behalf of the Institute except those discoveries or inventions referred to in subsection (2) shall be the property of the Minister.

(2) A discovery or invention directly resulting from researches or investigations undertaken by or on behalf of the Institute for any person (other than the Minister) shall, unless otherwise agreed between the Institute and that person, become the exclusive property of that person.

(3) Any discovery or invention or any part of any discovery or invention which does not become the property of the person for whom such research or investigation as aforesaid is undertaken, shall become the property of the Minister.

(4) The Institute may, subject to the approval of and at the discretion of, the Minister and the Minister for Finance develop a scheme for the payment of bonuses or royalties, out of moneys at the disposal of the Institute, to members of the staff of the Institute who have made important discoveries or inventions, or have materially assisted in making such discoveries or inventions.