Towards an Efficient and Business-Friendly IP System – Intellectual Property (Amendment) Act 2021 Passed in Parliament

The Intellectual Property (Amendment) Bill 2021 (“Bill“) was passed in Parliament on 12 January 2022. The Bill makes changes to a number of Intellectual Property statutes, seeking to create a more efficient and business-friendly registration system in Singapore. The Bill makes changes to the Patents Act, Trade Marks Act, Registered Designs Act, Plant Varieties Protection Act, and Geographical Indications Act 2014.

The Bill seeks to effect improvements across three broad categories: (a) enhanced business-friendliness; (b) operational efficiency; and (c) enhanced legislative and procedural clarity. This Update highlights the key changes effected by the Bill.

For more information, click here to read the full Legal Update.

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