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(1) The written declaration of surrender of a compulsory licence under section 54 (3) of the Act shall be accompanied by the payment of the prescribed fee.

(2) The Registrar shall record the surrender in the Register and notify the owner of the patent as required by section 54 (3) within one month from the date of receipt of the declaration of surrender.

(3) The Registrar shall publish the surrender as required by section 54 (3) of the Act in the Gazette.