Bangladesh Patents Bill, 2021 was placed in Parliament aiming to make the century-old patent law more time-befitting one and strengthen the safeguard of intellectual property rights.
Industries Minister Nurul Majid Mahmud Humayun placed the bill in the House, which was sent to the respective parliamentary standing committee for further scrutiny. The committee was asked to submit its report 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 will be there to issue or cancel patents of any single inventor or joint inventors of a technical innovation under the proposed law.
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On February22, 2021, the Cabinet cleared the draft of Bangladesh Patents Bill 2021, which will repeal the patent related provisions in ‘Patents and Designs Act, 1911.’
Boilers Bill
Besides, the Industries Minister placed the Boilers Bill, 2021 in the House aiming to check boiler-related accidents and ensure a safer work environment in industrial mills by constructing and using standard boilers there.
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Later, the bill was sent to the respective parliamentary committee. The committee was asked to submit its report within 30 days.
The bill will replace the Boiler Act, 1923.