Semiconductor Integrated Circuits Layout-Design Act, 2000
Chapter V Assignment and Transmission
20. Power of Registered Proprietor to assign and give receipts.
The person for the time being included in the register as proprietor of a layout design shall, subject to the provisions of this Act and to any right appearing from the register to be vested in any other person, have power to assign the layout-design, and to give effectual receipts for any consideration for such assignment.