(1) design; (2) development; (3) manufacture; (4) marketing; (5) distribution; orIntellectual Property Regulations 2013
Part - Preliminary
1. Objective
2. Authorising provision
3. Definitions
Part 2 - Ownership of Intellectual Property
4. Ownership of intellectual property by University staff members
5. Ownership of intellectual property by University students
6. Ownership of intellectual property by academic visitors
7. Ownership of intellectual property by research participants
Part 3 - License of Certain University Property
8. License of higher education teaching materials
Part 4 - Moral Rights
9. Respect of moral rights
Part 5 - Commercialisation
10. Potential commercialisation of University intellectual property
11. Obligations of creators of University intellectual property
12. Consideration by the University
13. The University's decision
14. Decision to exploit the intellectual property
15. Decision not to exploit the intellectual property
Example
16. Distribution of revenue attributable to commercialisation by licence, option or assignment
Net revenue
Creators
Appropriate unit
University
$1+
40%
30%
30%
17. Commercialisation by the formation of a company
Part 6 - Students
18. Assistance to student
19. Assessment and granting of awards
20. Confidentiality
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The objective of these Regulations is to make further provision in relation to intellectual property, in accordance with the Governance, Academic and Student Affairs Statute 2013.
These Regulations are made under the Governance, Academic and Student Affairs Statute 2013 and sections 28, 29 and 30 of the Victoria University Act 2010 (Vic).
In these Regulations-
(1) With the exception of University intellectual property which is comprised of computer programs, teaching or learning materials and material whose creation or performance has been specifically commissioned by the University, the University assigns the copyright in books (including novels and scripts), scholarly articles and other literary works and in creative works, films and recordings that have a dominant artistic, musical or dramatic character such as paintings, sculptures, drawings, engravings, musical compositions or works involving a performance to the authors, creators or performers of that subject matter, where those individuals are University staff members at the time of creation, unless otherwise agreed in a specific instance.
(2) Where a staff member is also a student of the University, he or she retains ownership of all intellectual property which they create as a consequence of undertaking his or her studies, however the University is granted an irrevocable, royalty-free licence to use this intellectual property for its internal purposes including use in teaching, research and operational applications.
Unless it is University intellectual property, students own the intellectual property that they create in the course of their studies at the University, unless otherwise agreed in a specific instance.
With the exception of University intellectual property which is comprised of computer programs, teaching or learning materials and material whose creation or performance has been specifically commissioned by the University, the University assigns the copyright in books (including novels and scripts), scholarly articles and other literary works and in creative works, films and recordings that have a dominant artistic, musical or dramatic character such as paintings, sculptures, drawings, engravings, musical compositions or works involving a performance to the authors, creators or performers of that subject matter, where those individuals are academic visitors at the time of creation, unless otherwise agreed in a specific instance.
A person who is requested to participate in a research project by the University and who is not a staff member, student or academic visitor will have only those rights in the University intellectual property created as part of that research project which are granted by the University in an agreement which applies to that specific research project.
(1) Subject to sub regulation (2), the University grants to the creator of teaching and learning materials which do not relate to technical education, further education, or vocational education, who is a staff member at the time that these teaching and learning materials are created, a personal, non-assignable, non-sublicensable, fee-free licence to access and reproduce these teaching and learning materials for teaching higher education at another university or educational institution and for research.
(2) The teaching and learning materials cannot be used for any commercial purpose, whether by or on behalf of the creator of those materials, another university or educational institution, or any other person.
(1) The University respects the moral rights of authors, which are personal to the authors and cannot be assigned.
(2) Where the University is obliged by agreements with third parties to obtain authors' consents to acts which might otherwise infringe any moral right, authors may only participate and create material covered by any such agreement on the basis that they will provide appropriate consents as and when required by the University.
(1) A creator or any other person who has an interest in University intellectual property which may have potential commercial value must, in accordance with the University's relevant procedures, notify the University of-
(2) After receiving a notification, the University must, within four months, decide whether the University wishes to commercialise the intellectual property.
(3) If the University requires additional information, it may-
(1) From the date of the creation of the intellectual property (and during any assessment period), the creators must keep the University intellectual property confidential, unless the University has provided its written consent to the disclosure of that intellectual property (or information concerning that intellectual property).
(2) If there are more than one creator of University intellectual property and the creators cannot agree in writing to their respective contributions to the creation of that intellectual property, then the University will make a final and binding determination of their respective contributions.
(3) On an ongoing basis, each creator must declare in writing to the University any actual or potential conflict of interest relating to the creation, protection, or commercialisation of any University intellectual property and adhere to any direction which the University gives to the creator in relation to dealing with or resolving such conflict of interest.
(1) In considering a notification under regulation 10, the University must take into consideration-
(2) In considering a notification under regulation 10, the University -
After considering a notification under regulation 10, the University must decide either-
If the University decides that it wishes to commercialise or protect the intellectual property, then the creators must provide a written and signed confirmation of assignment of the intellectual property to the University and provide the University with all assistance that the University reasonably requires.
(1) If the University decides that:
then the University must, if requested by the creators, provide a written assignment of the intellectual property to the creators in proportion to their respective creative contributions (or as otherwise agreed by the creators).
The University may elect to retain ownership of a specific item of University intellectual property which relates to an area of the University's strategic research (although this technology is not commercialisable in its present form) to ensure that researchers have freedom to operate in this field in the future or where subsequent developments involving this technology may reasonably be anticipated to have commercial potential.
(2) Only persons who are specifically authorised by the University can consent (on behalf of the University) to the release of the University's confidential information or apply for registration or other protection of any of University intellectual property.
(1) If the University derives a financial return from the commercialisation of University intellectual property (including licence fees, sale receipts, royalties, milestone payments, dividends and proceeds from the sale of shares), then it must attribute the applicable net revenue generated by each item of University intellectual property.
(2) In calculating the net revenue attributable to the commercialisation of each specific item of University intellectual property, the University must take the financial return applicable to it-
(3) The University must distribute the percentage of the net revenue attributable to the commercialisation of each specific item of University intellectual property to the creators of that University intellectual property (where such creators were University staff members, students or academic visitors at the time that the University intellectual property was created), and allocate the remaining percentages to the appropriate unit within the University and the general fund of the University in accordance with the table at the foot of this sub regulation, subject to-
(4) If there is any dispute regarding the identity of the appropriate budgetary organisational unit within the University which is to receive a distribution of the net revenue of commercialisation of specific University intellectual property (which has been created within that unit), then the University will make a final and binding determination as to which unit is appropriate.
Note
Employees of organisations who have created University intellectual property, whether through collaborations or as independent contractors, are not entitled to receive any distribution of net revenue from the University.
(1) If the University decides to acquire shares in a company in exchange for the assignment of University intellectual property (which company may be new or existing), then the creators (who were University staff members, students or academic visitors at the time that the University intellectual property was created) are entitled to that percentage of those shares acquired by the University which equates to the amount of money which the University would have distributed to the creator pursuant to regulation 16, had the value of the shares at the time of acquisition by the University been in cash.
(2) The University shall hold the shares to which the creators are entitled on trust for the creators until the first to occur of-
(3) Any dilution of the shareholding (attributable to the company's receipt of the assignment of University intellectual property) as a result of investment in the company or increase in the shareholding (attributable to the company's receipt of the assignment of University intellectual property) as a result of new shares being issued by the company, will be applied to this shareholding equally as between the creators and the University.
(4) On the occurrence of an event specified in sub regulation (2), the University will distribute the proceeds of those shares (or the shares themselves) which are held on trust to the creators. This is the only entitlement to a distribution that arises for creators in respect of such University intellectual property.
(5) The creators are solely responsible for their own taxation matters.
(6) Whilst held on trust, the University may exercise all rights attached to the creators' shares (which it holds on trust for the creators) in the best interests of the University and in an identical manner to its own shares.
The University must not, other than in exceptional circumstances, provide assistance to a student to patent an invention or commercialise intellectual property unless the student assigns the intellectual property rights to the University in accordance with these Regulations.
If the University owns intellectual property created by a student, the University must ensure that the ownership does not affect the assessment of the student's academic performance or the granting of an award.
A student, assessor or examiner must not disclose confidential information about University intellectual property, whether such intellectual property is wholly or partly owned by the University, without permission in writing of the University.