

On 26/05/2013,
you requested for the version in force on 26/05/2013
incorporating all amendments published on or before 26/05/2013.
The closest version currently available is that of 02/01/2013.

17.
—(1) If a specified security procedure, or a commercially reasonable security procedure agreed to by the parties involved, has been properly applied to an electronic record to verify that the electronic record has not been altered since a specific point in time, such record shall be treated as a secure electronic record from such specific point in time to the time of verification.
(2) For the purposes of this section and section 18, whether a security procedure is commercially reasonable shall be determined having regard to the purposes of the procedure and the commercial circumstances at the time the procedure was used, including —
(a)
the nature of the transaction;
(b)
the sophistication of the parties;
(c)
the volume of similar transactions engaged in by either or all parties;
(d)
the availability of alternatives offered to but rejected by any party;
(e)
the cost of alternative procedures; and
(f)
the procedures in general use for similar types of transactions.
[ETA, s. 16]







