any monetary transaction in the electronic form.
9.
The Minister may. For the purposes of this Act, make regulations prescribing —
(a)
the type of digital signature;
(b)
the manner and format in which the digital signature shall be affixed;
(c)
the manner or procedure which facilitates identification of the person affixing the
digital signature;
(d)
control processes and procedures to ensure adequate integrity, security and
confidentiality of electronic records or payments; and
(e)
any other matter which is necessary to give legal effect to digital signatures.
Part IV - Attribution, Acknowledgment and Dispatch of Electronic Records
Attribution of electronic records
10.
An electronic record shall be attributed to the originator if it was sent (a)
by the originator himself;
(b)
by a person who had authority to act on behalf of the originator in respect of that
electronic record; or
(c)
by an information system programmed by or on behalf of the originator to operate
automatically.
11.(1) Where the originator has not agreed with the addressee that the acknowledgment be in a particular form
or by a particular method, an acknowledgment may he given by
(a)
Any communication by the addressee, automated or otherwise; or
(b)
any conduct of the addressee, sufficient to indicate to the originator that the electronic
record has been received.
(2)
Where the originator has stipulated that the electronic record shall be binding only on receipt of an
acknowledgment of such electronic record by him, then unless acknowledgment has been so received, the
electronic record shall be deemed not to have been sent by the originator.
(3)
Where the originator has not stipulated that the electronic record shall be binding only on receipt of such
acknowledgment, and the acknowledgment has not been received by the originator within the time specified or
agreed or, if no time has been specified or agreed, within a reasonable time, then the originator may give notice to
the addressee stating that no acknowledgment has been received by him and specifying a reasonable time by
which the acknowledgment must be received by him and if no acknowledgment is received within the aforesaid
time limit he may after giving notice to the addressee, treat the electronic record as though it has never been sent.
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