Electronic Transaction Bill
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The Electronic Transactions Bill was introduced in parliament on November 9, 2000. This move was made as the government realized the immense benefits that electronic technology can have on New Zealand's economy and its people in the future. So their main purpose of the bill was to remove certain laws preventing the use of electronic technology so that the economy as a whole could progress.
As everyone knows 'time is money'. Using e-mails to communicate would not only save heaps of time posting and delivering letters, but heaps of money would be saved in buying paper. Using less paper would mean less harm to the environment. Since you can store all files electronically on your computer (on floppy disks, hard drives, database servers), a lot of space is saved storing files in cabinets.
However, in New Zealand, there is a law which states that everything should be in writing and signed. Therefore, the bill needed to prove that electronic technology is an equivalent to writing and that the electronic signature identifies the same person. That was basically what the bill was about in addition to progressing the economy providing an equivalent to writing (e-mails), which would save so much time and money...