(1) If a person is recorded under regulation 1 7A.62 as claiming an interest in, or a right in respect of, the trade mark, the Registrar must:
(a) make a declaration to the International Bureau in accordance with rule 27(4) of the Madrid Regulations that, subject to subregulation (2), the change of ownership has no effect in Australia; and
(b) notify the person that the change of ownership will have effect at the end of 2 months from the date of the notification unless the person serves on the Registrar an order of a prescribed court directing the Registrar not to withdraw the declaration.
(2) At the end of the 2 - month period, if a court order has not
been served on the Registrar as mentioned in paragraph ( 1 )( b), the
Registrar must notify the International Bureau that the change of ownership
may be given effect in Australia.