Colombia: Law No. 1450 of 2011 - By which the National Plan of Development is issued, 2010 – 2014

June 16, 2011

Colombia: Law No. 1450 of 2011 - By which the National Plan of Development is issued, 2010 – 2014, was enacted by the Colombian Congress on June 16, 2011 and entered into force on the same date.

Article 28 of this law amends Article 20 of Law 23 of 1982 - on Copyright with regards to the ownership of economic rights of works created under the existence of service agreements or employment contracts; article 29 concerns the ownership of industrial property rights generated under the existence of service agreements or employment contracts; article 30 amends Article 183 of Law No. 23 of 1982, regarding the contractual transfer regime of economic rights on copyrights and related rights; and article 31 concerns the ownership of intellectual property rights generated from research projects financed with national budget funds.