TRADE MARKS ACT 1994 No. 156 of 1994 - SECT 21 Power of registered owner to deal with trade mark

TRADE MARKS ACT 1994 No. 156 of 1994 - SECT 21

21.(1) The registered owner of a trade mark may, subject only to any rights
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.

(3) Equities in respect of a trade mark may be enforced against the
registered owner in the same way as equities in respect of any other personal
property.