S.L. 549.111 Art. 6Traditional knowledge.

(1) The utilisation of traditional knowledge associated with genetic resources held by local communities shall require a joint prior informed consent or approval from the competent authority following consultation with the relevant assistant authority and the community or communities concerned where applicable.

(2) No person shall utilise traditional knowledge associated with genetic resources held by the local communities unless mutually agreed terms have been established. The drafting and the negotiation process of such mutually agreed terms shall be undertaken by the competent authority. The competent authority may consult the assistant authority at any time during the negotiation process.

(3) Mutually agreed terms shall guarantee that the benefits arising from the utilisation of traditional knowledge are shared in a fair and equitable way with the community or communities concerned.