Article 12

Print this page

As far as Contracting Parties are concerned, the Finances of the Union shall be governed by the same provisions as those contained in Article 12 of the Madrid (Stockholm) Agreement, provided that any reference to Article 8 of the said Agreement shall be deemed to be a reference to Article 8 of this Protocol, Furthermore, for the purposes of Article 12.6)b) of this said Agreement, Contracting Organizations shall, subject to an unanimous decision to the contrary by the Assembly, be considered to belong to contributions class I (one) under the Paris Convention for the Protection of Industrial Property.