Sri Lanka Consolidated Acts

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Code Of Intellectual Property Act (No. 52 of 1979) - Sect 123

Rights of licensor

123.
(1) In the absence of any provision to the contrary in the licence contract, the licensor may grant further licences to third parties in respect of the same mark or himself use the mark.
(2) Where the licence contract provides that the licence is exclusive, and unless it is expressly provided otherwise In such contract, the licensor shall not grant further licences to third parties in respect of the same mark or him- self use the mark.

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