Act 3 Industrial Property Act 2014 (ii) where the patent has been granted in respect of a process or doing any of the acts referred to in paragraph (a) in respect of a product obtained by means of that process. (2) After the grant of the patent, and within the terms of this section, the owner of the patent has the right to preclude any person from exploiting the patented invention in the manner referred to in subsection (1). (3) The owner of a patent may assign or transfer by succession the application for patent or the patent. (4) The applicant or the owner of a patent may conclude licence contracts as provided for in Part X of this Act and be subject to the obligations referred to in section 39. 39. Obligations of the owner. The applicant or the owner of an invention shall have the following obligations— (a) to disclose the invention in a clear and complete manner, and in particular to indicate best mode for carrying out the invention, in accordance with the requirements, and subject to the sanctions, applicable under this Act; (b) to give information concerning corresponding foreign applications and grants including denials, revocations, invalidations, suspensions or lapses; (c) to pay fees to the registrar, as prescribed in this Act and the regulations, subject to the sanctions provided for under this Act; (d) to work the patented invention in the country within the time limit prescribed; 40