The Federal Government has begun a reformation of Australian e-commerce to meet international requirements, introducing the Electronic Transactions Amendment Bill 2011 into the House of Representatives this morning.
The legislation was read in parliament today by Attorney-General Robert McClelland, who issued a statement this afternoon stating that the legislation was designed to keep Australia's laws up-to-date with international standards on electronic transactions.
"I am pleased to announce that the Commonwealth has introduced its version of the Model Electronic Transactions Amendment Bill that was developed and approved by the Standing Committee of Attorneys-General last year," McClelland said.
"These reforms will provide increased legal certainty in trade by electronic means, and will encourage the continual growth of electronic contracting both domestically and internationally."
Amendments proposed in the Bill will bring Australian law into line with the United Nations Convention on the Use of Electronic Communications in International Contracts 2005. Once the legislation is passed into law and enacted, McClelland said the government will seek to have it approved by the UN under this convention.
The parliament is also scheduled to begin debate on legislation surrounding the National Broadband Network later this afternoon.