What is Intellectual Property? (IP)

what is royalty property

Intellectual Property is the collective term for the rights arising under the law relating to Copyright, Unregistered Design Rights, Registered Design Rights, Patents, Trade Marks, Passing Office, Utility Models and the Law of Confidence. Intellectual property represents original work that can be legally protected.

These rights give the owner the right to decide who can use their property. It is up to the owner of the property to make sure that their interests and rights are protected. ACID aims to assist its members in the protection of their intellectual property by providing simple explanations of what to many is a complex subject, together with practical tools of self help. If intellectual property rights are infringed the law provides access to a system for addressing rights theft either through the recently improved Patents County Court or the new Small Claims Track but it is the property owner’s responsibility to pursue infringement. Through its new legal Affiliates, ACID provides initial, free fast track advice on all related IP subjects.

You do not pay for:

Unregistered Rights – Copyright, Designs, Trade Marks, Intellectual Capital, Know How, Ideas, Confidentiality

Do you know the differences of each?

ACID Marketplace

If you are relying on unregistered rights it is important that you have an audit trail - a line of evidence showing when you created your design and, preferably, supported by independent third party proof. This is why we have developed the ACID Design Databank through ACID Marketplace, so that members have the choice of storing or displaying their designs, safe in the knowledge that there is dated information attached to each submission of designs that they make through the ACID Marketplace. Each year ACID receives up to 25,000 copies of designs.

An additional benefit is provided by the ACID Marketplace whereby ACID

members can choose whether they want their designs to remain private and confidential, whether they wish design buyers to view them by invitation or whether they wish them to be accessible to all design buyers. All design buyers will first register to view designs and will agree to the ACID Design Buyer’s Charter. This ensures that the ACID member is provided with an audit trail of who has viewed their designs which can also be used for their sales and marketing purposes. Would you like to have a permanent 24 hour exhibition zone of your designs and new product launches? Visit ACID Marketplace !


A UK Patent protects an invention and gives the proprietor the exclusive right to manufacture, use, import or sell in the UK a product embodying the invention covered by the Patent. It can be used to stop others from copying your invention, and deter them from doing so, without your consent

What criteria must my invention meet to be patentable?

To be patentable your invention must meet two criteria:

NOVELTY – which means that it must never have been publicly disclosed anywhere in the world prior to the date that you filed your patent application

INVENTIVE STEP – which means that it must be something more than just an obvious modification of something that has already been disclosed to the public

More information here


Copyright will exist in 'artistic works', covering works such as paintings, drawings, fabrics, diagrams, and photographs. These are protected irrespective of the artistic quality. Surface decoration on 3-D designs can also be covered by copyright. (Note however that you cannot usually enforce copyright in a design drawing to prevent someone from making an article to the design shown).

Source: www.acid.uk.com

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