New Zealand Legislation: Bills
Bills are proposed Acts
(1) The term of every patent is 20 years from the patent date.
(2) However, a patent ceases to have effect on the expiry of the period prescribed for the payment of any renewal fee if that fee is not paid within that period or within that period as extended under section 20.
(3) Subsection (2) applies despite anything in the patent or any other provision in this Act.
Compare: 1953 No 64 s 30(3), (4)