I move: "That Second Stage be taken today."
Knowledge Development Box (Certification of Inventions) Bill 2016: Order for Second Stage
Bill entitled an Act to provide for the issue, by the Controller of Patents, Designs and Trade Marks, to a relevant company of a knowledge development box certificate in respect of an invention by that company which is novel, non-obvious and useful, as specified in the definition of “intellectual property for small companies” in section 769R of the Taxes Consolidation Act 1997, in order to enable the company to use the certificate to obtain a tax benefit under the Taxes Consolidation Act 1997; to amend the Patents Act 1992 to ensure that Irish patents granted on or after 1 January 2017 can fall within paragraph (a) of the definition of “qualifying patent” in section 769G of the Taxes Consolidation Act 1997 given that only Irish patents granted prior to that date can fall within paragraph (b) of that definition; and to provide for related matters.
Question put and agreed to.