Plant Breeder s Rights [No. IS of2007 265 (b) the royalty payable in respect of the exploitation of the licence; (c) the information to be furnished to the holder of the relevant plant breeder's rights regarding the extent to which the licence is being exploited; (d) the period ofvalidity ofthe licence, which shall not exceed the term of the relevant breeder's rights; (e) the punitive measures applicable with reference to any conditions which is not complied with; and (f)any other matter which the parties may agree to. (4) The holder of a plant breeder's rights shall, within fourteen days of the grant of a licence, notify the Registrar of the details and particulars of the licence and shall furnish the Registrar with a copy of the licence. 44. (1) A person may apply to the Registrar for the grant of a compulsory licence to a plant breeder's rights where-(a) the person is aggrieved with the refusal by the holder of the plant breeder's rights to grant that person a licence; (b) the holder of the plant breeder's rights has imposed an unreasonable condition for the issuance of a licence; or (c) the person has reasonable grounds to believe that the reasonable requirements of the public for seed or other propagating material of the variety are not being met or will not be met. (2) An application for a compulsory licence shall be made in the prescribed manner upon payment of a prescribed fee. (3) The Registrar shall, within seven days of receipt of an application under subsection (1), furnish the holder of the plant breeder's right in respect of which the application is made with a copy of the application and the particulars accompanying the application. (4) The holder of any plant breeder's rights in respect of which an application is made under subsection (1) may object to the application within fourteen days ofthe notification ofthe application. (5) The Registrar shall, where a holder of the plant breeders rights lodges an objection under subsection (4)(a) furnish the applicant for a compulsory licence with a copy of the objection; (b) set a date for the hearing of the application and notify the applicant and the holder of the plant breeder's rights. Application for compulsory licence