Commonwealth Consolidated Acts

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INDUSTRY RESEARCH AND DEVELOPMENT ACT 1986 - SECT 39C

Exploitation otherwise than on normal commercial terms

                   The exploitation of a particular result of any activity shall be taken for the purposes of this Part to be an exploitation otherwise than on normal commercial terms if, in the opinion of the Board, any contract or transaction relating to that exploitation would not have been entered into, or contained terms that would not have been contained or would have been different, if the contract or transaction had been entered into by persons dealing with each other at arm's length and from positions of comparable bargaining power.



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