Business secretary Vince Cable announced the closure of four bodies as part of BIS's wider aim to reduce the number of independent public bodies, or quangos.
"We are absolutely committed to reducing the number and cost of quangos that we no longer need," said Cable. "I have already said that I want to reduce the number of these bodies by a third and we’ve achieved a lot in a short space of time. This is the latest phase of that work."
SABIP reported to the Intellectual Property Office (IPO) and was established in 2008 to give impartial, evidence-based advice to the IPO. It was set up in response to to a recommendation contained in Andrew Gowers's 2006 review of intellectual property.
SABIP's latest work, published just last week, analysed the inter-relationships between copyright law and contract law. It recommended a number of areas which it said needed further study.
These areas included the ability of contracts to over-ride exceptions to copyright law; the desirability of preventing the assignation of moral rights; and the relationship between copyright law and competition law.
SABIP's functions will now be carried out by the IPO, a BIS statement said.
"By bringing these functions back into Government, we make their activities more accountable and can reduce the considerable administrative costs that they place on the taxpayer," said Cable.
The Government also announced the closure of Simplifying International Trade (SITPRO); the Waste Electrical and Electronic Equipment Advisory Body (WAB); and the British Shipbuilders Corporation.
"In building the evidence base to inform IP policy, and bringing external strategic thinking to policy questions, SABIP achieved much since it was created in 2008," said a SABIP statement. "Many organizations and people contributed to these achievements but they were due above all to the work of the SABIP Board members. The Government is very grateful to them."
"The Government intends to build on SABIP's work. Its research programme will be integrated into the Intellectual Property Office's research work. The Office intends to ensure that there continues to be external oversight and challenge to IP research work, and input to strategic IP policy," it said.
"Arrangements to achieve this may include use of informal panels of experts to steer research, and discussion events hosted by third parties to support the development of policy thinking. Further details on the specific structures, including how they will be overseen by the IPO's Board, will be announced in due course."
