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(1) Any person wishing to obtain the Registrar's written approval of a proposed assignment or transmission in accordance with subsection 55(4) of the Act shall file an application on Form TM 15, a statement of case in duplicate setting out the circumstances, and a copy of any instrument or proposed instrument effecting the assignment or transmission in question.

(2) The Registrar may call for any evidence or further information that he may consider necessary, and may require the statement of case to be amended to include all the relevant circumstances or to be verified by statutory declaration; and if the statement of case is amended, two fair copies in its final form shall be filed.

(3) The Registrar shall consider whether in all circumstances use of the trade mark in question in exercise of rights conferred or to be conferred by the proposed assignment or transmission is in the public interest and shall issue a notification in writing of approval or disapproval thereof, as the case may be, and shall seal to the notification a copy of the statement of case in its final form.