The head of state Nursultan Nazarbayev signed a law amending the intellectual property sphere, Tengrinews.kz reports with reference to the press service of Akorda.

As the report said :"The head of state signed the law of the Republic of Kazakhstan" On introducing changes and amendments to some legislative acts of the Republic of Kazakhstan on improving the legislation in the field of intellectual property "aimed at improving legislation in the field of intellectual property," .

As previously reported on the Senate website, the document provides for simplification of the procedure for registration of intellectual property, elimination of legal gaps, as well as the exclusion of norms that create administrative barriers in the field of copyright protection.

In addition, instead of compensation for damage in violation of the rights to trademarks, an institution of compensation is introduced.It was proposed to determine the amount of compensation established by the court, which the rightholder is entitled to demand in exchange for compensation for damage in cases of violation of his rights, based on the nature of the violation, the market value of homogeneous goods.

Also, the norm on the mandatory publication of applications for trademarks was considered from the moment they were received by the expert organization. Текст закона публикуется в печати.
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