Electronic Transactions Act, 2063 (2008): Legal Framework For Electronic Records In Nepal.pdf

12the-electronic-transaction-act55.pdf
Preview of Electronic Transactions Act, 2063 (2008): Legal Framework for Electronic Records in Nepal
🔗 Source: tepc.gov.np
📊 Size: 151 KB
👤 Author: NLC
⬇️ Downloads: 274

Summary

The Electronic Transactions Act, 2063 (2008), authenticated and published on December 8, 2006, is an act promulgated to regulate electronic transactions in Nepal. It aims to ensure the recognition, validity, integrity, and reliability of electronic records through secure data exchange methods.

Key Provisions:

- Commencement and Extension: The Act commenced on September 2, 2006, and extends throughout Nepal, applying to anyone committing offenses against it.

- Definitions:
- "Asymmetric Crypto System": A system creating a secured key-pair for digital signatures.
- "License": Obtained under Section 18(3).
- "Originator": The person generating or transmitting electronic records, excluding intermediaries.
- "Computer" and related terms: Defined to include devices and systems involved in data processing and communication.
- "Digital Signature": An electronic signature verifying the authenticity of an electronic record using asymmetric crypto systems.
- Other key terms defined include "Subscriber," "Key Pair," "Data," "Tribunal," "Private Key," "Controller," "Access," "Appellate Tribunal," "Certificate," "Certification Practice Statement," "Certifying Authority," "Addressee," "Electronic Record," "Electronic Form," "Public Key," "Information," "Information System," "Software," "Computer Accessory," "Government Authority," and "Public Institution."

The Act establishes a framework for digital signatures, certifying authorities, and the legal recognition of electronic records to facilitate secure electronic transactions.

Description

The Electronic Transactions Act, 2063 (2008), enacted on December 8, 2006, aims to provide legal provisions for the authentication and regulation of electronic records' recognition, validity, integrity, and reliability in transactions conducted via electronic data exchange or communications. It seeks to secure these transactions and prevent unauthorized use or alteration of electronic records.

Technical Information

  • File Format: PDF
  • File Size: 151 KB
  • Pages: 36
  • Language: EN
  • Author: NLC
  • Total Downloads: 274
  • Last Updated: 4 weeks ago

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