Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Electronic Transactions Bill Passed

Electronic Transactions Bill Passed

Minister for Information Technology Paul Swain said is pleased to announce that the Electronic Transactions Bill was passed into law this afternoon.

“This Act, which puts electronic transactions on the same legal footing as paper-based transactions, has been eagerly awaited by the business community,” said Mr Swain. “It will allow the thousands of statutory legal requirements for writing, signature and retention and production of documents to be met using electronic methods.

“The Act will help reduce business compliance costs by allowing the use of electronic transactions and the electronic storage of information instead of paper-based processes. It will also make possible a whole new level of E-Government, enabling electronic methods to eventually become the dominant means of interacting with government.

“As such the ACT is a key part of the government’s E-Commerce Strategy and E-Government Strategies. It also contributes to the Growth and Innovation Framework by allowing for the increased the local demand for Information and Communications Technologies.

Based on the Model Law on Electronic Commerce issued by the United Nations Commission on International Trade Law (or UNCITRAL), the Act closely follows the Australian Electronic Transactions Act, minimising transactions costs for exporters in our largest export market.

"The Act excludes a limited number of statutory provisions and types of transactions,” said Mr Swain. “Such exclusions are common in similar legislation overseas and are directed at safeguarding the rights and interests of business and consumers and ensuring that electronic methods cannot be inappropriately used. There will be a mandatory review of the exclusions after two years.

“The Act is a world-class piece of legislation. It will not only deliver the benefits to business and the public sector I have outlined, but it will substantially enhance New Zealand's international reputation as a leading country in electronic commerce and e-government.”

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news