Speaker of Parliament Mahinda Yapa today (16) endorsed the certificate on the Intellectual Property (Amendment) Bill which was taken up for debate on March 8 and passed in Parliament.
Accordingly, this Act will come into effect today. 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.
The Act 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.
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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