Singapore legislation
Section 26C
Section 26C
Effect of award involving IPR
(1)
This section applies if an award deciding an IPR dispute is made in arbitral proceedings.
(2)
The fact that a person is a third-party licensee or third‑party holder of a security interest in respect of the IPR does not of itself make the person a person claiming through or under a party to the arbitral proceedings for the purposes of section 19B(1).
(3)
However, subsection (2) does not affect any right or liability between a third‑party licensee or third‑party holder of a security interest and a party to the arbitral proceedings whether —
arising in contract; or
arising by operation of law.
(4)
In this section —
Definition
“third-party holder of a security interest”, in relation to an IPR in dispute in arbitral proceedings, means a person who —
is a holder of a security interest in respect of the IPR granted by a party to the arbitral proceedings; but(b)is not a party to the arbitral proceedings;
Definition
“third-party licensee”, in relation to an IPR in dispute in arbitral proceedings, means a person who —
is a licensee (whether or not an exclusive licensee) of the IPR under a licence granted by a party to the arbitral proceedings; but(b)is not a party to the arbitral proceedings.