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Saturday, 27 February 2010

Patent and Companies Bills, 2010

A number of new commerce and trade bills were present last week. The main Bill was the Patents and Companies Registration Agency Bill, 2010. The Bill establishes the Patents and Companies Registration Agency (PACRA) and defines it associated functions. It also transfers from the Government to PACRA, the functions and the powers of the offices of the Registrar of Companies, Registrar of Registered Business Names, Registrar of Patents, Registrar of Trade Marks and Registrar of Registered Designs. I have yet to read this Bill as its not available online yet. This post will be updated when it is available. 

With that Bill comes associated amendments to other Acts to bring them in line with PACRA:

The Patents (Amendment) Bill, 2010 amends the Patents Act so as to provide for the registration of patents by the PACRA.

The Trade Marks (Amendment) Bill, 2010 amends the Trade Marks Act so as to provide for the registration of trade marks by the PACRA.

The Registered Designs (Amendment) Bill, 2010 amends the Registered Designs Act so as to provide for the registration of designs by the PACRA.

The Companies (Certificates Validation) (Amendment) Bill, 2010 amends the Companies (Certificates Validation) Act so as to redefine the Office of the Registrar.

The Companies (Amendment) Bill, 2010 amends the Companies Act so as to repeal : (a) the provisions relating to the Office of the Registrar of Companies; and, (b)repeal the provisions relating to the requirements for minimum capital for a public or private company before it can operate.

All the amendment Bills are fairly short (3 pages max). The Bills have been referred to the Committee on Economic Affairs and Labour. The Committee is required to submit its report on the Bill to the House on Wednesday, 17th March, 2010. Anyone who wishes to make submissions or amendments to the Bill are free to do so within the programme of work of the Committee.

If in doubt please email The Clerk of the National Assembly [Email : ]. I can assure you that he does read and respond to emails. If that fails, get in touch with me and I will find someone you can contact.

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