‘Patents Bill’ placed in parliament
A bill titled "Bangladesh Patents Bill, 2021" was placed in the parliament today aiming to make the century-old patent law a more time-befitting one for strengthening the safeguard of intellectual property rights.
Industries Minister Nurul Majid Mahmud Humayun placed the bill in the House, which was sent to the parliamentary standing committee on the respective ministry for further scrutiny.
The committee was asked to submit its report before the parliament within 30 days.
According to the bill, the owner will be given the patent of any innovation for 20 years and then it will become public property.
A registrar office would be in place to issue or cancel patents of any single inventor or joint inventors of a technical innovation under the proposed law.
On February 22, the cabinet cleared the draft of Bangladesh Patents Bill, 2021, which will repeal the patent-related provisions in "Patents and Designs Act, 1911".
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