CIPA looks to plug gaps in levy framework

The Companies and Intellectual Property Authority (CIPA) is currently revising guidelines to the Levy on Technical Devices Fund after identifying gaps in the framework.

Proceeds from the levy are used to fund the creative arts industry in the country. CIPA’s copyrights specialist, Tshepo Raditloaneng said this recently during the launch of the authority’s two-week workshop aimed at increasing awareness on Intellectual Property (IP) across a diverse group of stakeholders.

“CIPA is currently still revising Levy on Technical Devices Fund guidelines due to some shortcomings that CIPA has identified on the existing ones and we expect them to be ready by the beginning of next year as the discussions are now at ministry level,” she said. This programme, which has been going on for nine years, has accumulated around P52 million. Earlier this year, CIPA injected about P24 million to 24 beneficiaries through the Levy as part of their efforts to boost the creative arts industry in the country.

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