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Patent Royalties

Volume 465: debated on Thursday 2 June 1949

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asked the Chancellor of the Exchequer in how many of the payments agreements now in force between this country and other foreign countries, a provision has been inserted to secure prompt payment of patent rights due to British residents.

Payments agreements provide how payments permitted by the exchange control of each country should be made, not which payments should be so permitted. But His Majesty's Government always expect patent royalties to be transferred; they are ready to look into any case where this is not allowed, and if appropriate to take the matter up with the Government concerned.