-Universal Patent System of 519AER-

Falleentium is a hotbed of inventions and new creations. The Empire is also home to many great innovators and inventors who have created many marvels and technological advancements to not only Falleentium but the world. However these ideas and creations are plagued by cheap copies, imitation items and things that are obviously their ideas but branded under a different name. The time has come for this to end.
==Clauses:==
I. Any person can apply for a Patent of something they have created or thought of. The product/idea does not have to be a physical creation to apply for a Patent. The cost to apply for a Patent is 450 Fall.
II. Once a patent has been applied for the idea/invention shall be reviewed by a team of Overseers who shall check all patents and decide their validity or not and if so every patent shall be assigned a number and filed in a central office within the Capital.
III. A patent does not give a right to make or use or sell an invention. Rather, a patent provides the right to “exclude others” from making, using, selling, offering for sale, or importing the patented invention for the term of the patent.
IV. A patent lasts for a period of 25 years before the rights become open to the public. However this can be expanded upon for a period of up to 45 years if the product is not something that the public will become reliant upon. All this must be decided by the Patent Overseers.
V. While a patent is active the inventor who applied for the patent must pay 3% of all revenue raised from the sale and manufacture of the the patented item to the Patent Office.
VI. The Patent Office shall be a direct branch of the Imperial Government therefore its dealings and management shall be monitored by the Imperial Government's Minister for Internal Affairs.
Category:The Institute of Laws and Regulations