Within the train of powers conferred by paragraph 162 (2)(f) of the Logos Act 2019, the Minister of Home Commerce and Shopper Affairs has issued the Trademarks (Waiver and Modification of Fee) Regulations 2020 (“the Rules”) which got here into impact on 1 January 2021.
Waiver of charge
Pursuant to the Rules, the charges in respect of an utility for modification of title and handle of applicant or correction of title and handle of registered proprietor; request for extension of time (apart from for opposition proceedings); and submitting of doc manually are waived.
Modification of charge
Additional, the charges in respect of request for late renewal are lowered from RM1,200 to RM1,000 for every class.
Who’re entitled to such waiver/ modification of charge?
The waiver shall apply to any particular person, partnership, affiliation, physique company or establishment affected by the management or prevention measures prescribed, made or taken underneath the Prevention and Management of Infections Illness Act 1988 supposed to manage or forestall the unfold of the Coronavirus Ailments 2019.
Find out how to make the appliance?
An utility for waiver or modification of charges shall be made within the type as decided by the Registrar; made inside the interval of 1 January 2021 till 30 June 2021; and accompanied by supporting doc to show that the person is from the B40 group who’s entitled for the Housing Dwelling Support or Prihatin Nationwide Support; or his earnings is affected with the management or prevention measures; or that the partnership, affiliation physique company or establishment has obtained approval for the extension for moratorium or any compensation flexibility from any monetary establishment; has money circulate drawback affected with the management or prevention measures; or has pecuniary indebtedness and drawback on compensation of money owed affected with the management or prevention measures.
The place the trademark utility or registration is owned by multiple proprietor, the waiver or charge discount underneath the Rules will apply as long as any of the co-proprietors fulfill the relevant monetary standards.
Though the aid out there underneath the Rules is restricted solely to a couple varieties of purposes, they’re nonetheless to be welcomed in these instances when many enterprise homeowners are dealing with monetary difficulties as a result of financial downturn brought on by the outbreak of the Covid-19 pandemic.