Commonwealth Consolidated Acts(1) The registered owner of a trade mark may, subject only to any rights appearing in the Register to be vested in another person, deal with the trade mark as its absolute owner and give in good faith discharges for any consideration for that dealing.
(2) This section does not protect a person who deals with the registered owner otherwise than:
(a) as a purchaser in good faith for value; and
(b) without notice of any fraud on the part of the owner.
Note: For registered owner see section 6.
(3) Equities in relation to a registered trade mark may be enforced against the registered owner, except to the prejudice of a purchaser in good faith for value.
Note: For registered owner and registered trade mark see section 6.
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