Commonwealth Consolidated Acts

DESIGNS ACT 2003 - SECT 12

             (1)  The registered owner of a registered design may, subject to any rights appearing in the Register to be vested in another person, deal with the registered owner's interest in the design as absolute owner of it, and give good discharges for any consideration for such dealing.

             (2)  However, subsection (1) does not protect a person who deals with the registered owner of a registered design otherwise than as a purchaser in good faith for value and without notice of any fraud on the part of the registered owner.

             (3)  Equities in relation to a registered design may be enforced against the registered owner, except to the prejudice of a purchaser in good faith for value.