Regulation 15 Refunds

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg. 15(2)(a) words omitted by Retention and Sale of Registration Marks 2015 Sch. 1 para. 13(a)
reg. 15(2)(b) word substituted by Retention and Sale of Registration Marks 2015 Sch. 1 para. 13(b)
reg. 15(2)(c) substituted by Retention and Sale of Registration Marks 2015 Sch. 1 para. 13(c)
reg. 15(2)(d) words omitted by Retention and Sale of Registration Marks 2015 Sch. 1 para. 13(a)
reg. 15(3) omitted by Retention and Sale of Registration Marks 2015 Sch. 1 para. 13(d)
reg.15(1)(2) substituted by Retention of Registration Marks 1994 reg.3(13)
reg.15(3) am and rev. in Pt. by Retention of Registration Marks 1994 reg.3(14)

(1)

Subject to the conditions specified in paragraph (2), if the Secretary of State revokes a right of retention, or if the period in which a right of retention is exercisable expires without the right having been exercised, the Secretary of State shall refund the amount of any sum paid under regulation 7(b).No interest shall be payable on any sum refunded.

(2)

Those conditions are that—

(a)

a written application for the refund is made by the grantee;

(b)

in a case where a right of retention has been granted, the application is accompanied by the retention document; and

(c)

The application is received by the Secretary of State within the period of 6 years starting with the date on which the right of retention ceased to be exercisable.

(3)

The Secretary of State may retain any payment of a sum specified in regulation 7(a) or 8 whether or not the application in respect of which the payment was made is granted.