Industrial Development Act 2009

Transfer of property in certain discoveries and inventions to Enterprise Ireland.

5.— (1) All property vesting in the Minister under section 19 of the Act of 1961 immediately before the passing of this Act shall, upon such passing, stand vested in Enterprise Ireland.

(2) Any patent in respect of an invention or discovery to which section 19 of the Act of 1961 applies that immediately before the passing of this Act vested in a relevant person shall, upon such passing, stand transferred to Enterprise Ireland.

(3) Any application for a patent in respect of an invention or discovery to which section 19 of the Act of 1961 applies made by a relevant person, and pending immediately before the passing of this Act, shall be deemed to have been made by Enterprise Ireland.

(4) All rights and liabilities of the Minister arising by virtue of any contract in force immediately before the passing of this Act and relating to any property transferred by virtue of this section shall, upon such passing, stand transferred to Enterprise Ireland.

(5) All rights and liabilities of a relevant person arising by virtue of any contract in force immediately before the passing of this Act and relating to—

(a) any patent transferred by virtue of this section, or

(b) any application to which subsection (3) applies,

shall, upon such passing, stand transferred to Enterprise Ireland.

(6) Particulars of the transfer of patents effected by subsection (2) shall be entered by the Controller of Patents, Designs and Trademarks in the Register of Patents as soon as may be after the passing of this Act.

(7) All acts done, or purporting to have been done, before the passing of this Act, by Enterprise Ireland or a relevant person in respect of—

(a) any patent or other property transferred by this section, or

(b) an application to which subsection (3) applies,

being acts that by reason only of section 19 of the Act of 1961 would (but for this subsection) be invalid, shall be and be deemed always to have been valid and effectual for all purposes.

(8) Every right and liability transferred by this section to Enterprise Ireland may, on and after the passing of this Act, be sued on, recovered or enforced by or against Enterprise Ireland in its own name and it shall not be necessary for Enterprise Ireland to give notice to any person of the transfer of any right or liability by this section.

(9) Enterprise Ireland shall have the power to transfer, assign, licence or otherwise dispose of any or all of the property vesting in, or transferred to, it under this section.

(10) Section 19 (other than subsection (2)) of the Act of 1961 is repealed.

(11) In this section—

“Act of 1961” means the Industrial Research and Standards Act 1961 ;

“relevant person” means—

(a) Institute for Industrial Research and Standards,

(b) Eolas,

(c) Forfás, or

(d) Forbairt.