Patents Regulations 2014

67 Trust fund

(1)

All fees collected by the Commissioner on behalf of the International Bureau or any international searching authority must be paid into a trust fund established for the benefit of those organisations and administered in accordance with Part 7 of the Public Finance Act 1989.

(2)

The Commissioner acting as trustee of the trust fund may expend the money held in trust for the purposes of the Patent Cooperation Treaty, including the refunds and the remission of fees to the International Bureau and any international searching authority.

Compare: SR 1992/316 r 16