Grape and Wine Legislation Amendment (Australian Grape and Wine Authority) Act 2013

The Authority may enter into an agreement with a person for the carrying out of grape or wine research and development activities by the person.

The agreement may:

provide for:

the money provided under the agreement; and

any property acquired or goods produced with that money, or with money that includes that money;

provide for the payment by the person to the Authority of an amount equal to the whole, or such part as the Authority determines, of the money provided under the agreement if any of the money, property or goods referred to in paragraph (a) is or are used for a purpose not specified in the agreement; and

make provision with respect to:

assigning inventions and interests in inventions; and

applying for patents for inventions; and

commercially exploiting patented inventions; and

granting licences under patented inventions;

provide for the payment by the person to the Authority of an amount equal to the whole, or such part as the Authority determines, of any net income derived by the person from:

the money, property or goods referred to in paragraph (a); or

patents or interests referred to in paragraph (c); and

provide for the assignment by the person to the Authority of any money, property, goods, patents or interests referred to in paragraph (d); and

provide for the payment by the person to the Authority of an amount of money determined by the Authority in accordance with the agreement in the event of the disposal (otherwise than to the Authority) of any property, goods, patents or interests referred to in paragraph (d).

Subsection (2) does not limit the matters that may be included in the agreement.

This section does not limit section 8.