Finance Act 2009

Amendment of section 101 (intellectual property) of Principal Act.

25.— (1) Section 101(1) of the Principal Act is amended in the definition of “ intellectual property ”—

(a) in paragraph (a) by substituting “, domain name, trade name, trade dress, brand, brand name, service mark or publishing title” for “or domain name”,

(b) by inserting the following after paragraph (e):

“(ea) any authorisation without which it would not be permissible for—

(i) a medicine, or

(ii) a product of any design, formula, process or invention,

to be sold for any purpose for which it was intended,

(eb) any rights derived from research undertaken, prior to any authorisation referred to in paragraph (ea), into the effects of—

(i) a medicine, or

(ii) a product of any design, formula, process or invention,”,

(c) in paragraph (f) by substituting “, (e), (ea) or (eb)” for “or (e)”,

(d) in paragraph (g) by substituting “(e), (ea), (eb)” for “(e)”,

(e) in paragraph (h) by substituting “(e), (ea), (eb), (f) or (g), or” for “(e), (f) or (g),”, and

(f) in paragraph (i) by substituting “(e), (ea), (eb)” for “(e)”.

(2) This section applies as respects instruments executed after 7 May 2009.