Wednesday, 3 April 2013

Registration of security interests: amendment of UK rules

A recent piece of subordinate legislation in the United Kingdom, the Companies Act 2006 (Amendment of Part 25) Regulations 2013 (SI 2013/600), is not the sort of reading matter that IP enthusiasts would instantly search out for a bit of instant gratification -- but it's worth taking a look at if you are involved in registration of security interests.

 These Regulations deal with the registration at Companies House of security interests (mortgages, charges etc) created on or after the beginning of the new tax year, 6 April 2013. Governing the registration of security interests by companies registered in the United Kingdom, these Regulations apply to the registration of security interests in land, ships, aircraft and intellectual property (defined for these purposes as including

(a) any patent, trade mark, registered design, copyright or design right;
(b) any licence under or in respect of any such right.

2 comments:

Thilo Agthe said...

Jeremy:

So, how close are these regulations to the UNCITRAL legislative guide?? :-)

Cheers,

Thilo

Aaradhana said...

Happy to see this development. This was, kind of lacking until now. It was an anomaly which has now been settled.