Summary President Asif Ali Zardari has accorded his assent to the Criminal Law (Amendment) Bill, 2012.
President Asif Ali Zardari, today, on the advice of the Prime Minister, has accorded his assent to the Criminal Law (Amendment) Bill, 2012.
The Criminal Law (Amendment) Bill, 2012 was first passed by the National Assembly on 11th November 2010. The Senate of Pakistan passed the said Bill on 3rd May 2011 with amendment and returned the same to National Assembly. The National Assembly again passed the Bill, as amended by the Senate, on 14 November 2012 without any amendment.
The Criminal Law (Amendment) Bill, 2012 seeks to criminalize illegal business of and dealing in fake prize bonds.
Meanwhile, President Asif Ali Zardari on the advice of the Prime Minister gave his assent to the Intellectual Property Organization of Pakistan Bill 2012.
The Intellectual Property Organization of Pakistan Bill 2012 was passed by National Assembly on 8th October 2012 and by Senate on 13th November 2012.
The Bill aims to establish the Intellectual Property Organization of Pakistan.
The Government of Pakistan is obligated to ensure adequate protection of Intellectual Property Rights in the country for domestic and international rights holders alike being signatory to the agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS).
The Concepts of IP Tribunals and IP Advocacy are introduced in the Bill to ensure effective protection, management, enforcement and adjudication of Intellectual Property Rights in Pakistan.
