Collect larger patent renewal fees less frequently

Policy ID: 
16
Status: 
On hold
Priority: 
No priority assigned
Issue summary: 

Applicants are required to maintain their IP rights by paying renewal/continuation fees. These fees generally are charged annually and maintain the right for a further one year. Processing of renewal/continuation fees and monitoring of the relevant deadlines can be a significant cost for IP rights holders.

Reducing the frequency with which renewal fees must be paid has the potential to save time and money for IP rights holders.

History: 
On hold 04-Sept-2017
Comments: 
IP Australia's fees were recently reviewed and revised, and are not due to be reviewed again until 2019-20. This issue may be considered in that future fee review.
Tag: 
Fees
Patents

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