Intellectual Property Organization of Pakistan Act, 2012 (No. XXII).

This Act, consisting of 39 sections, creates the Intellectual Property Organization of Pakistan. It establishes composition, duties and responsibilities of the Organization. The Federal Government shall constitute a Policy Board of the Organization entitled to: a) take policy decisions as well as advise the Federal Government on all matters relating to: developing processes and proposing rules for the services designed to ensure protection of intellectual property laws in Pakistan; ensuring implementation of intellectual property rights in coordination with concerned agencies; b) consider and approve policies, plans and programmes of the Organization; c) consider and approve, with or without modification, any regulations, with respect to implementation of policy decisions proposed to be made by the Organization under this Act; d) formulate procedures and necessary framework for utilization of funds generated or acquired through services, donations, investments or grants, etc.; e) specify and propose fees, penalties and other charges chargeable by the Organization with the approval of Federal Government for carrying out the purposes of this Act; and f) exercise all such powers and perform all such functions as are conferred or assigned to it under this Act.