registrable Trade Mark transaction in the UK.
As long as the registrable transaction is not entered into the trade
mark register, it will be ineffective against a person acquiring a
conflicting interest in or under the registered trade mark in
ignorance of it (s. 25(3)(a) UK Trade Marks Act 1994).
If the transaction is entered into the register later than six months
from the date or transaction (and the court cannot be satisfied that
it was not practicable to do so earlier), the proprietor or licensee
will not be entitled to damages or account of profits in infringement
proceedings (s.25(4)). Finally, in the absence of registration of the
license a licensee will not be entitled to the protection given by
section 30 or 31, i.e. the rights and remedies of a licensee in
respect of infringement action (s. 25(3)(b)), e.g. bringing an
infringement action in his own name.
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