n Without Prejudice - Assigning trademarks and running foul of exchange control regulations : intellectual property
|Article Title||Assigning trademarks and running foul of exchange control regulations : intellectual property|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Apr 2010|
|Pages||31 - 32|
Assignment of trade marks from one entity to another is a frequent occurrence in business transactions between local entities. However, interesting questions arise when a trade mark is assigned from a local entity to a foreign entity; does the assignment of a trade mark amount to an export of capital and if it does, would the local entity require prior permission from Treasury before assigning a mark to a foreign entity?
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