Abstract

This article provides a summary of the key points and benefits of the recently signed Patent Law Treaty (PLT). The objective of the treaty is to simplify and harmonize the law relating to the formal requirements which patent applications must meet in each country so that the application can be accorded a filing date and otherwise be able to proceed to the substantive stages of technical and legal search and/or examination. The PLT includes provisions to safeguard applicants’ rights if time limits are inadvertently missed. The treaty also assists, but does not compel, contracted states to introduce electronic procedures for filing and subsequent actions. Finally, the article reminds us that the PLT will enter into force once 10 nations have ratified.

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