{
  "url": "https://openlegislation.uk/sale-of-registration-marks-regulations-1989/schedule/paragraph-4",
  "json_url": "https://openlegislation.uk/sale-of-registration-marks-regulations-1989/schedule/paragraph-4.json",
  "legislation": "uksi/1989/1938",
  "legislation_title": "The Sale of Registration Marks Regulations 1989",
  "legislation_url": "https://openlegislation.uk/sale-of-registration-marks-regulations-1989",
  "path": "schedule/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": "Acquisition of a relevant right",
  "text": "(1) An agreement for the acquisition of a relevant right may be made by means of –\n(a) public auction;\n(b) tender; or\n(c) private treaty.\n(2) An agreement –\n(a) may contain terms affecting the rights and liabilities of the Secretary of State and the purchaser, including in particular rights and liabilities arising in the event of non-payment of the sum payable under the agreement; and\n(b) may be made by reference to standard terms.\n(3) The Secretary of State may determine as he thinks fit –\n(a) the prices at which particular relevant rights are to be sold or (as the case may be) the reserve prices applicable to the sale of any such rights; or\n(b) the manner in which any such prices are to be determined.\n(4) Upon payment of the sum payable under the agreement, the Secretary of State shall issue to the purchaser a certificate which –\n(a) identifies the registration mark which is the subject of the agreement;\n(b) records the name and address of the purchaser and, where applicable, of the nominated person;\n(c) records the date of the agreement; and\n(d) identifies the date on which the period of one year mentioned in paragraph 6(2)(a) expires.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/1938/schedule/paragraph/4",
    "retrieved_at": "2026-10-29T15:35:55.691559+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}