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New IP Law Proposed For Jersey E-Commerce

by Amanda Banks, Tax-News.com, London

15 October 2010


Jersey’s Economic Development Minister, Alan Maclean has lodged the draft Intellectual Property (Unregistered Rights) (Jersey) Law, which will establish Jersey as a more attractive center for e-commerce.

Upon tabling the draft Law, Maclean said, “Updating and improving this law, which is nearly 100 years old, is crucial if Jersey is to be seen as a serious player in the knowledge economy.”

"It will modernize rights for the digital age and, by bringing Jersey in line with the most recent international standards for copyright, it will be a vital tool in our efforts to promote innovation in the island and attract inward investment.”

Current copyright law in Jersey was devised in a time before the Internet and even before television, he explained.

The creative industries, particularly software, computer games and electronic publishing, have shown impressive growth rates elsewhere. They are very active in the area of e-commerce and depend on copyright. It is hoped that updating Jersey’s law will encourage growth in the island too because Jersey will be a safer place for the creative industries to locate and expand.

The new law will give clearer rights to those who create and disseminate valuable content online. It will also provide a framework so that the creators of intellectual property in media, such as music, newspapers, video games, books, paintings and films, will be able to protect their investments and be financially rewarded for that creativity.

Maclean hopes it will help develop the conditions that will create new jobs in the island.

TAGS: company formation | commerce | law | copyright | Jersey | offshore company formation | offshore | e-commerce | standards

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