Electronic Transactions (Amendment) Act No. 10 of 2017

No. 10] Electronic Transactions 25 Short title. AN ACT to amend the Electronic Transactions Act, Chapter 229:03 of the Substantive Laws of Belize, Revised Edition 2011; to extend the application of the Act to certain negotiable instruments; and to provide for matters connected therewith or incidental thereto. (Gazetted 11th February, 2017.) BE IT ENACTED, by and with the advice and consent of the House of Representatives and Senate of Belize and by the authority of the same, as follows,

1. This Act may be cited as the ELECTRONIC TRANSACTIONS (AMENDMENT) ACT, 2017, No. 10 of 2017 I assent, (SIR COLVILLE N. YOUNG) Governor-General 2nd February, 2017.

and shall be read and construed as one with the Electronic Transactions Act, which is hereinafter referred to as the principal Act. 2. The principal Act is amended in section 15, paragraph (b), by inserting immediately after the words “negotiable instruments” the words “other than payment instruments, as defined in section 2 of the National Payment System Act, 2016”. 26 Electronic Transactions [No. 10 CAP. 229:03. Amendment of section 15.

ELECTRONIC TRANSACTIONS (AMENDMENT) BILL, 2016 EXPLANATORY NOTES ..... The Electronic Transactions (Amendment) Bill, 2016 seeks to amend the Electronic Transactions Act, Chapter 229:03 of the Substantive Laws of Belize, Revised Edition 2011, to extend the application of the Act to certain negotiable instruments and to provide for matters connected therewith and incidental thereto. 2. Clause 2 of the Bill amends section 15 of the Act to provide that the provisions of the Act apply to negotiable instruments that are payment instruments under the National Payment System. Section 15 currently excludes all negotiable instruments from the application of the Act. No. 10] Electronic Transactions 27 Printed in Belize by the Government Printer