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Australian companies are being encouraged to become more innovative and globally competitive via a new R&D Tax Credit incentive being introduced by the Federal Government. The Bills to establish the R&D Tax Credit are currently before Parliament and the scheme is expected to commence on 1 July 2011. The new R&D Tax Credit will replace
We have reported previously on the increasing importance of ‘green’ technologies in the world of intellectual property. In recent years, IP buzzwords have included superconductors, gene patents, business methods and computer software. Society’s ever-increasing environmental awareness now ensures that greentech is the latest vogue. Unlike gene patents and computer software, there is a general acceptance
The Federal Court of Australia recently refused an application for an interlocutory injunction by Aventis because ten months had elapsed between Aventis’ realisation of allegedly infringing conduct by two generic manufacturers and its subsequent application for injunctive relief from such conduct (Interpharma Pty Ltd v Aventis Pharma SA  FCA 32). Aventis realised in February
In line with the New Zealand Designs Amendment Regulations 2011, as of 19 April 2011 the following changes apply to New Zealand designs practice: The Commissioner of Designs now has the discretion to restore abandoned design applications or lapsed design Registrations. As per similar provisions in other jurisdictions, the restoration process involves submitting to the
Progress toward New Zealand’s new Patents Act is a somewhat subjective term. Indeed, the new Act has been gestating since late 2004, and has survived changes in content, a change in Government, and several changes in its estimated date of commencement. The Patents Bill 2008 is presently scheduled for its second Parliamentary Reading, following which
The Australian Personal Property Securities Register (PPS Register) now commences in October 2011, previously 1 May 2011. It replaces most existing personal property security registers including the ASIC charges register and REVS (vehicles). Financiers, lessors and suppliers must take action to ensure that they don’t lose their rights over assets or securities. The Personal Property