Section 37
(1)An enterprise may enter into a technology transfer agreement that the enterprise considers appropriate for the enterprise.
(2) A technology transfer agreement entered into under subsection (1) shall be registered with the Centre.
(3) The Centre shall maintain a record of technology transfer agreements.
(4) The Centre on the receipt of a technology transfer agreement?(a) intended for registration shall review the agreement; and
(b) shall on registration of the agreement, monitor and ensure compliance with theterms and conditions of the agreement.
(5) A technology transfer agreement registered under this Act comes into force on the date of the registration.
(6) A technology transfer agreement may be renewed with the approval of the Centre and the regulator of the relevant sector and is subject to registration by the Centre.
(7) A technology transfer agreement shall, in addition to this Act be governed by Regulations in force relating to that agreement.