Article 1
The Regulationsareformulatedpursuant to Paragraph 2, Article 146 of the Patent Act (hereinafter referred to as “the Act”).
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Article 5
An applicant who qualifies for reduction of patent annuity under the Regulations may obtain the reduction forthree (3) years or six (6) years, or obtain annual reduction from the first year tothe sixth year.
Where the applicant who qualifies for reduction of patent annuity under the Regulations, but who has an overdue annuity to be paid with a specified percentage addition pursuant to Article 94 of the Act, the overdue annuity shall be paid along with a sum that conforms to the specified percentage addition after the reduction.
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Article 9
The Regulations shall take effect from the date on which the Act entersinto force.
The November 29, 2011 amendment of the Regulations shall enter into force on January 1, 2013.
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