| http://www.w3.org/ns/prov#value | - Recipients who do not disclosure IP to NIPMO run the risk of having the IP assigned to the State (section 14(5)).Practical SignificanceBefore the Act, IP that was developed at institutions such as universities was dealt with under the general IP statutes, such as the Patents Act 1978, the Designs Act 1993, and the Copyright Act 1978.
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