The Industrial Designs (Amendment) Act 2013 will come to force on 1 July 2013.
In brief, the new amendment provides that a registered industrial design may now be collateralized. It also provide for consideration of public disclosure elsewhere than in Malaysia in determining the novelty of an industrial design. Prior to the amendment, an industrial design is not new if, among others, it was disclosed to the public anywhere in Malaysia.
The maximum duration of protection of a registered industrial designs will be extended to 25 years.
For more information, see Explanatory Statement of the Industrial Designs (Amendment) Bill 2013.
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