Singapore is one of the first countries to have implemented legislation for electronic signatures with the implementation of the Electronic Transactions Act in 1998. Singapore was also the first country in the world to ratify the UNCITRAL Model Law on Electronic Commerce. The ET Act was further amended in the year 2010 to modernize the laws according to the fast paced development in the technological arena surrounding electronic transactions.
The objective of ET Act was
The objective of ET Act was
- To facilitate electronic communications,
- To facilitate electronic filing,
- To establish uniformity of law for electronic transaction,
- To instill public confidence in the use of electronic commerce.