19Agreements for research and development to be carried out by other persons

##### 19 Agreements for research and development to be carried out by other persons (1) The Organisation may enter into an agreement under which the other party to the agreement will carry out research and development activities relating to the wool industry. (2) Without limiting the matters that may be included in the agreement, the agreement may: (a) provide for money paid under the agreement, and any property or goods acquired or produced under the agreement, to be used for the purposes specified in the agreement; and (b) require the other party to the agreement to pay to the Organisation an amount equal to the whole or such part as the Organisation determines of the money paid under the agreement if any of the money, property or goods referred to in paragraph (a) are used otherwise than in accordance with the agreement; and (c) make provision with respect to: (i) the assignment of inventions and interests in inventions; and (ii) applications for patents for inventions; and (iii) the commercial exploitation of patented inventions; and (iv) the grant of licences in relation to patented inventions; made in the course of research and development activities or with money provided under an agreement made under this section; and (d) require the other party to pay to the Organisation an amount equal to the whole or such part as the Organisation determines of any net income derived by the party from money, property or goods referred to in paragraph (a) or patents or interests referred to in paragraph (c); and (e) provide for the assignment to the Organisation of any money, property, goods, patents or interests referred to in paragraph (a) or (c); and (f) require the person to pay to the Organisation an amount of money determined by the Organisation in accordance with the agreement in the event of the disposal (otherwise than to the Organisation) of any property, goods, patents or interests referred to in paragraph (a) or (c). (3) Nothing in this section limits the powers of the Organisation under section 7.