NEWSLETTER-2017

299 INTELLECTUAL PROPERTY LAW A revocation decision shall be effective as of the date of revoca- tion demand. Non-renewal and Withdrawal In addition to the above explained reasons of termination, the trademark right terminates in the events that (i) expiration of the term of protection and non-renewal of trademark, and (ii) withdrawal of the trademark by the trademark right owner. Another issue to be addressed as to the withdrawal is the require- ment of permission of the persons having registered the right on the trademark, if any. Likewise, in the event of existence of precaution- ary measures registered on a trademark, the permission of the persons requesting such precautionary measure is also required for withdrawal of the trademark. Conclusion It is aimed to shorten the terms with regard to the registration process and compliance with the European Union legislation, together with the Law. Accordingly, the public display period for trademarks is reduced to two months from three months, the scope of signs that may be registered as trademarks is expanded, as well as the possibility of usage same or similar trademarks through the consent of the owner of a previous trademark. Additionally, the revocation procedure shall be conducted by the courts for seven years, and following the extension of such term, this procedure shall be conducted by the Turkish Pat- ent and Trademark Office. Additionally, the amendment concerning renewal time of trademark prescribing the time as six months prior to the extension of term of protection, and will be applied as of 10 January 2018.