Intellectual property rights include various classes of rights protected by legislation including copyright, patents, registered designs and trademarks, together with confidential information and trade secrets protected under common law or by contract. Provisions should be included in the contract to deal with the ownership and rights to use intellectual property rights created within the scope of the contract and outside the contract.
The Intellectual Property Principles for Australian Government Agencies ('Statement of IP Principles') provides a framework for FMA Act agencies for effective management of IP, including procurement, record keeping, industry development, broader innovation and public access.64
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64 The Statement of IP Principles has been endorsed as government policy for all FMA Act agencies. The Government has also authorised the Statement of IP Principles as a Commonwealth policy that interacts with procurement for the purpose of Regulation 9 of the FMA Regulations.