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The purpose of CIPC

  • By admin in CIPC on 18 March 2020

The purpose of CIPC

The CIPC (Companies and Intellectual Property Right) is responsible for the following functions:

  • Registration of Companies, Co-operatives and Intellectual Property Rights (trademarks, patents, designs and copyright) and maintenance of it;
  • To disclose Information on its business registers;
  • Monitor compliance with, and contraventions of financial reporting standards, and make recommendations thereto to Financial Reporting Standards Council (FRSC);
  • To promote education and awareness of Company and Intellectual Property Law;
  • To promote compliance with relevant legislation;
  • Report, research and advise the Minister on matters of national policy relating to company and intellectual property law;
  • Efficiently and effectively enforce relevant legislation;
  • Licensing of Business rescue practitioners.

 

When the 2008 Companies Act came into effect on 1 May 2011, the CIPC was created from the merger of Companies and Intellectual Property Registration Office (CIPRO) and the Office of Company and Intellectual Property Enforcement (OCIPE).

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