Biological Diversity (Amendment) Act, 2023 shall commence by 01.04.2024

LegalitySimplified

The Central Government has appointed the 1st day of April, 2024 as the date on which the Biological Diversity (Amendment) Act, 2023 shall come into force. The amendment provides that any person or entity applying for an intellectual property right, by whatever name called, for any invention based on any research or information on a biological resource which is accessed from India, including those deposited in repositories outside India, or traditional knowledge associated thereto, shall obtain prior approval of the National Biodiversity Authority before grant of such intellectual property rights.

Any person for any intellectual property right, by whatever name called, in or outside India, for any invention based on any research or information on a biological resource which is accessed from India, including those deposited in repositories outside India, or traditional knowledge associated thereto, shall register with the National Biodiversity Authority before grant of such intellectual property rights.

Any person who has obtained intellectual property right, by whatever name called, in or outside India, for any invention based on any research or information on a biological resource which is accessed from India, including those deposited in repositories outside India, or traditional knowledge associated thereto, shall obtain prior approval of the National Biodiversity Authority at the time of commercialization.

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