Income Tax Act 2007 section 907

Meaning of "intellectual property"

Section 907 defines the term "intellectual property" as it is used in section 906, which deals with the deduction of income tax at source from certain royalties and similar payments where the owner's usual place of abode is abroad.

• Intellectual property includes copyright of literary, artistic or scientific works, patents, trade marks, designs, models, plans, secret formulae or processes, and information concerning industrial, commercial or scientific experience.
• Public lending right in respect of a book is also included within the definition of intellectual property.
• Copyright in cinematographic films or video recordings is specifically excluded from the definition of "copyright of literary, artistic or scientific work".
• The soundtrack of a film or video recording is also excluded, unless it is exploited separately from the film or recording itself.