INTERNATIONAL CLASSIFICATION AND SERVICE MARKS TO BE PROVIDED FOR UNDER NEW ACT

Jan 8, 2013

Along with other areas of IP, the legislation on trade marks will be updated. The Trade Marks Bill of 2013 (which will replace the Trade Marks Act of 1906) makes provision for service marks as well as accommodating the Nice Agreement Concerning the International Classification of Goods and Services for the Purposes of the Registration of Marks of 15 June 1957 as revised. These amendments will avoid having to shoehorn goods and services into outdated classes. The new Classification will be far more expansive and advance trade mark registrations in The Bahamas by adopting a classification system which corresponds with the 21st century.