From October 1, 2014, in accordance with the Federal Law dated 12.03.2014 N 35-FZ (35-ФЗ) “On Amending Parts One, Two and Four of the Civil Code of the Russian Federation and Certain Legislative Acts of the Russian Federation”,
amendments to Part 4 of the Civil Code of RF regulating the intellectual property law shall enter into force. The changes affect consequences of non-compliance with the form of agreement on the alienation of the exclusive right. Before 01.10.2014 the agreement on the alienation of the exclusive rights used to be deemed invalid in case of non-compliance with written form or requirement of state registration, whereas according to the new version of the law an agreement made orally is deemed invalid. Besides, a number of other provisions of Part Four of the Civil Code of RF have been revised and amended.