The Electronic Communications and Transaction Bill, which was laid in the National Assembly on July 20 by the Minister of Tourism, Industry and Commerce, Oneidge Walrond with the aim to establish the legal framework for the use and acceptance of electronic records and signatures was passed last evening.
Walrond in her presentation last evening before the bill’s passage, stated that it seeks to put in place “certain key features of the legal framework of a modernized state.”
According to her, in the field of commerce, the bill will deliver a framework with well-defined rules for the conduct of commercial transactions by electronic means. “This framework will aid in delivering consistency and predictability in the business environment that is indispensable for the sustainability of trade and commerce”, she said.