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Paragraph 5 Interpretation of Schedule

Original text. Later amendments are not shown.

(1)

In this Schedule—

  • “the Budapest Treaty” means the Treaty on the International Recognition of the Deposit of Micro-organisms for the purposes of Patent Procedure done at Budapest in 1977;

  • and “international depository authority” means a depository institution which has acquired the status of international depository authority as provided in Article 7 of the Budapest Treaty.

(2)

For the purposes of this Schedule a “depositary institution” is an institution which, at all relevant times,—

(a)

carries out the functions of receiving, accepting and storing micro-organisms and the furnishing of samples thereof; and

(b)

conducts its affairs in so far as they relate to the carrying out of those functions in an objective and impartial manner.