No. 4907 Government Gazette 23 March 2012 Act No. 1, 2012 119 INDUSTRIAL PROPERTY ACT, 2012 (3) If any international convention or any regulations issued under an international convention to which Namibia is party is amended the Minister may, subject to Article 63(2)(e) of the Namibian Constitution and taking into account the / advice of the Registrar, decide if such amendment is to be applicable for the purposes of this Act, and issue such regulations or notices as appear to him or her necessary for carrying out and for giving effect to any of the provisions of the amendment.’ (4) If Namibia subsequently becomes party to any other international or regional instruments, the Minister may, by way of the amendment of this Act or the regulations or notices issued thereunder, whichever is appropriate, implement the provisions of such instrument. Hypothecation and attachment 235. (1) A registered industrial property title under this Act may be hypothecated by a deed of security. (2) If a deed of security is lodged with the Registrar in the prescribed manner, the Registrar must endorse the register to that effect. (3) Such endorsement must record the name and address of the person in whose favour the deed of security has been granted and the nature and duration thereof. (4) A deed of security in respect of which an endorsement has been made in accordance with the provisions of subsection (2) has the effect of a pledge of the title concerned to the person or persons in whose favour the deed of security has been granted. (5) An assignment or transmission of a registered title in respect of which a deed of security has been endorsed in terms of subsection (2) may not, without the written consent of the person in whose favour the deed of security has been granted, be recorded in the register by the Registrar. (6) Where the debt or obligation secured by a deed of security in respect of which the register has been endorsed in terms of subsection (2) has been discharged, any person may apply to the Registrar in the prescribed manner for the removal from the register of any endorsement in relation thereto made under subsection (2). (7) A registered industrial property title under this Act may be attached to found or confirm jurisdiction for the purposes of any proceedings before the Tribunal or a court of Namibia and may be attached and sold in execution pursuant to an order of the Tribunal or any such court. Regulations 236. (1) The Minister may make regulations –