Section 18 - Amendment of Act 16 of 1955 - Finance (No. 2) Act, 1962

18. Amendment of Act 16 of 1955. In the Schedule to the Medicinal and Toilet Preparations (Excise Duties) Act, 1955, for Explanation 1, the following Explanation shall be substituted, namely: Explanation 1. 'Patent or proprietary medicines' means any medicinal preparation which bears either on itself or on its container or both a name which is not specified in a monograph in a Pharmacopoeia, Formulary or other publications notified in this behalf by the Central Government in the Official Gazette, or which is a brand name, that is, a name or a registered trade mark under the 'Trade and Merchandise Marks Act, 1958 (43 of 1958), or any other mark such as a symbol, monogram, label, signature or invented words or any writing which is used in relation to that medicinal preparation for the purpose of indicating or so as to indicate a connection in the course of trade between the preparation and some person having the right either as proprietor or otherwise to use the name or mark with or without any indication of the identity of that person. .