Copyright Act 2021 · 2020 Revised Edition · Part 3 · Copyright in Works
142. Licences — formalities for exclusive licence
Feedback & supportAn exclusive licence of a copyright is valid only if it is —
exclusive licence
“exclusive licence” and “exclusive licensee” have the meanings given by section 103;
made in writing; and
signed by or on behalf of the owner or prospective owner of the copyright.
prospective owner
“prospective owner”, in relation to a future copyright, means —(a)in relation to a future copyright that is not assigned — the person who would be the first owner of the copyright under the provisions of this Act when the copyright comes into existence; and(b)in relation to a future copyright that is assigned — the assignee in whom the copyright will vest under the assignment when the copyright comes into existence;