On December 9, 2016, the intellectual propety law was revised for Trans-Pacific Partnership (TPP).
The points of this revised law is as follows:
- Extension of Exceptions to Lack of Novelty of Invention (patent law)
- Improvement of Extension system for the duration of patent (patent law)
- Introduction of minimum amount of damages (Trademark law)
The points of caution is that the enforcement date of this revised law will be the effective date of the TPP.