Australian Laws - Intellectual Property

1120 Words5 Pages
AUSTRALIAN LAWS – Intellectual Property What is intellectual property? Intellectual property is any creation, owned by one or multiple owners, that is used commercially. The designs, inventions or any work that is original can be protected by IP rights. Rights are established through application and prevent any use without permission. The only way to use this work, when not owned, would be to buy the rights. While rights are owned there is an opportunity to make advancements with limited opposition. This is due to the competition not being able to act since the idea is not theirs. What are your rights and how can you protect your intellectual property? Explore the various forms of protection for intellectual property including: patents,…show more content…
The 4th to 9th cycle costs $300 - $350. The 15th to 19th cycle costs between $2300 - $2350 depending on the payment method (electronic or other). The protection period is then up after 20 years and would need to be renewed. A standard application for a trademark costs $120 per type (tv show etv). A trademarked series costs $270 per type. Registering fees are $300 which is the same cost of a renewal. Applying for rights over a design can cost $250 - $350 and renewed for $320 - $370. Examination fees cost $420 if done by the design owner and $210 if examined by a third party. If fees are late the price can increase by $100 per month for an average of up to six months. What are the constraints or issues surrounding protecting a design? Different forms of intellectual property protection have certain limitations on the time period they are in effect. The duration a patented design lasts is for 10 years. Fees are paid to make sure this protection remains. A registered design prevents third parties from utilizing the product for up to 25 years if it is renewed each five year period. Proof must be given that a person has created a design. These could be copies or photographic evidence of the design. The aspects of a design that are forbidden for use by others are the appearance, shape, arrangement and decoration. There are some criteria the design must meet in order for it to be protected. It must be new, not offensive, not contain already protected designs and is not
Open Document