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What is benefit sharing?

benefit sharing
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What is benefit sharing?

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This is a tool to ensure that equitable benefit is ensured to be brought for those who have developed or have conserved varieties, which have been used for development of a new variety that is registered under this Act. The breeder is required to pay amount of benefit sharing such as determined by the prescribed authorities, which is required to be paid into the National Gene Fund by the breeder.

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