Speaker of the Parliament of Sri Lanka Mahinda Yapa Abeywardena has endorsed the certificate on the Intellectual Property (Amendment) Bill.
The Intellectual Property (Amendment) Bill was taken up for debate on the 08th of March and was passed in Parliament.
The Parliament of Sri Lanka said products such as Ceylon Cinnamon, which have made significant contributions to the Sri Lankan economy, have so far been registered as Certificate Marks under the subject of Trademarks as there was no specific methodology for registering them as such.
Thus, this will enable products such as Ceylon Tea, Ceylon Cinnamon, Ceylon Pepper, and Ceylon Cashew to register as Sri Lankan Geographical Indicators, thereby establishing a legal framework to stop counterfeiting under these names.
Accordingly, this Act comes into effect today (16) as the Intellectual Property (Amendment) Act No. 8 of 2022.
Acting Secretary-General of Parliament Kushani Rohanadeera, the Director of Legislative Services, and Director of Communications (Acting) H.E. Janakantha Silva were present during the signing. (NewsWire)