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Amendments to Trademark Laws
Nov 19, 2012
(Newsletter Issue 17/12)
Lithuania
Show Country Survey
Accession to Singapore Treaty and Amendments to Trade Mark Law
On the 8th of November 2012 the Parliament of the Republic of Lithuania enacted the Law on the Ratification of the Singapore Treaty on the Law of Trademarks. On the same day in accordance with implementation of the Treaty the Draft Amendments to the Law on Trademarks of the Republic of Lithuania were approved. The latter will simplify the procedures and reduce the fees for registration of industrial property objects.
When the amendments enter into force the recordal of a license agreement no longer be compulsory in oder to become valid against third parties. That is to say, it will be possible to verify the status of the licensee not only according to the information in the public register, but also to any other obtainable evidences.
The amendments to the laws also will simplify the procedure of recording when registering the rights to the trade mark or to the design license or assignment agreements. a notarized extract from a licensing contract will no longer be obligatory for recording data in the register. The document certifying the conclusion of the licensing contract signed by one of the parties whall be enough.
The Law on the Trademarks also embarks the regulation of division of application or registration of trademarks, protection for national trademarks that gained reputation in the territory of Republic of Lithuania.
The Fee for the trademark application, design application or topography application will be payable within 1 month after filling date.
Additionally, The Law on Fees for the Registration of Industrial Property Objects will reduce the fees by 25 percent and more on patent application, design application, topography of semiconductor product application, grant of patent, design registration, publication and issuance of registration certificate, renewal of design, registration of trademark, patent, and design license agreements, also the changes will allow to confirm the payment by electronic means.
Legislation Amendments will enter into force on the 1st of June 2013.
Source: www.vpb.lt and
METIDA Law firm
, Lithuania
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