(1) A registered trade mark, or a trade mark whose registration is being sought, may be assigned or transmitted in accordance with this section.
(2) An assignment or transmission under subsection (1) may be partial, that is, it may apply to some only of the goods or services or both in respect of which registration is sought or the trade mark is registered, but it may not be partial in relation to the use of a trade mark in a particular area.
(3) An assignment or transmission under subsection (1) may be with or without the goodwill of the business concerned in the relevant goods or services or both.