Page:Electronic Transactions Act 2010.pdf/17

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18
NO. 16 OF 2010


Specified security procedures

21.—(1) The Minister may, by order published in the Gazette, amend the Second Schedule to add, delete or modify any specified security procedure for the purposes of this Act.

(2) The provisions set out in the Third Schedule shall apply to the corresponding specified security procedures.

(3) The Minister may, by order published in the Gazette, amend the Third Schedule to make provisions relating to any of the specified security procedures, including—

(a) specifying the conditions under which any electronic signature may be treated as a secure electronic signature;
(b) specifying the conditions under which any electronic record may be treated as a secure electronic record;
(c) prescribing the effect of and duties relating to the use of specified security procedures, including the rights and duties of any persons relating to the use of such procedures and specifying rules relating to the presumptions, assumption of risk, foreseeability of reliance and liability limits applicable to the use of specified security procedures; and
(d) prescribing offences in respect of the contravention of any provision in that Schedule, and prescribing fines not exceeding $20,000 or imprisonment which may not exceed 2 years or both, that may, on conviction, be imposed in respect of any such offence.

(4) The Minister may, by order published in the Gazette, amend the Fourth Schedule.

Regulation of specified security procedures and specified security procedure providers

22.—(1) The Minister may make regulations for the carrying out of this Part and, without prejudice to such general power, may make regulations for all or any of the following purposes:

(a) the regulation, licensing or accreditation of specified security procedure providers and their authorised representatives;