The SEMICONDUCTOR INTEGRATED CIRCUITS LAYOUT-DESIGN ACT, 2000

ASSIGNMENT AND TRANSMISSION

Section 20: Power of Registered Proprietor to assign and give receipts.

The person for the time being included in the register as proprietor of a layout-design shall, subject to the provisions of this Act and to any right appearing from the register to be vested in any other person, have power to assign the layout- design, and to give effectual receipts for any consideration for such assignment.