The Patents (Amendment) Rules, 2017

The Patents Act, 1970

Official text

MINISTRY OF COMMERCE AND INDUSTRY

(Department of Industrial Policy and Promotion)

NOTIFICATION

New Delhi, the 1st December, 2017

G.S.R. 1472(E).—In exercise of the powers conferred by section 159 of the Patents Act, 1970 (39

of 1970), the Central Government hereby makes the following rules further to amend the Patents Rules,

2003, namely:—

1. (1) These rules may be called the Patents (Amendment) Rules, 2017.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In Sub rule(fb) under rule 2 of the Patents Rules, 2003 (hereinafter referred to as the principal rules)

the definition of Startup is substituted as,-

(i) “Startup” means

(a) an entity in India recognised as a startup by the competent authority under Startup India initiative,

(b) In case of a foreign entity, an entity fulfilling the criteria for turnover and period of incorporation/

registration as per Startup India Initiative and submitting declaration to that effect.

Explanation: In calculating the turnover, reference rates of foreign currency of Reserve Bank of India shall

prevail.

[F. No. 14(03)/2014-IPR-III-Vol.II]

RAJIV AGGARWAL, Jt. Secy.

Note: The Principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3,

sub-section (ii) vide S.O. 493(E), dated the 2

May, 2003 and subsequently amended vide

notification number:—

(i) S.O. 1418(E), dated the 28th December, 2004;

(ii) S.O. 637(E), dated the 5

May, 2006;

(iii) S.O. 2296(E), dated the 25th September, 2012;

(iv) S.O. 1029(E), dated the 23rd April, 2013;

(v) G.S.R. 125(E), dated the 28

February, 2014; and

(vi) G.S.R. 523(E), dated the 16th May, 2016;

Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064

and Published by the Controller of Publications, Delhi-110054.

2017-12-02T09:58:42+0530

ALOK KUMAR