Paragraph 31 F1F2

Part XII of the Companies Act 1985 (registration of charges) is amended as follows.

In section 396 (registration of charges in England and Wales: charges which must be registered), in subsection (1)(j) for the words from “on a patent” to the end substitute “ or on any intellectual property ” , and after subsection (3) insert—

“(3A)

The following are “ intellectual property ” for the purposes of this section—

(a)

any patent, trade mark, service mark, registered design, copyright or design right;

(b)

any licence under or in respect of any such right.”.

In section 410 (registration of charges in Scotland: charges which must be registered), in subsection (4)(c) (incorporeal moveable property) after subparagraph (vi) insert—

“(vii)

a registered design or a licence in respect of such a design,

(viii)

a design right or a licence under a design right,”.