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The growth and development of e-commerce: an analysis of the electronic signature law of Sri Lanka

机译：电子商务的增长与发展：斯里兰卡的电子签名法分析

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A significant event in the legal regulation of e-commerce in Sri Lanka was the enactment of the Electronic Transactions Act in 2006. The objective of this important Act is to facilitate commercial and financial activity by removing barriers to electronic transactions and by preserving the right of individuals to engage in freedom of contract unimpeded by government regulation and bureaucracy. This objective is secured in the legislation by ensuring that transactions conducted electronically are regarded as of equal validity or legitimacy as normal paper (or documentary) transactions. Undoubtedly, the Electronic Transactions Act is a significant and quite innovative piece of legislation - one that that has considerable potential to both stimulate and further enhance economic development, as well as commercial and free enterprise activity, in a developing country like Sri Lanka. Before any form of private-sector activity or financial activity can be conducted, the necessary institutional and legal underpinnings must be established. This Act appears to be the first step towards providing the foundations of a flourishing free-market economy in Sri Lanka. In light of these issues, this article provides an overview of the fundamental provisions of the Act and outlines its significance for the country's emerging e-commerce activity. It draws attention to certain inadequacies of the Act and briefly focuses attention on the impact of the new e-commerce laws on the economic success of Sri Lanka. This article also briefly explores other associated and parallel legislative developments in Asia that aim to promote e-commerce in the region with a view to drawing out common and emergent themes in relation to the regulation of e-commerce in developing nations.
机译：斯里兰卡电子商务法律法规中的一个重要事件是2006年颁布了《电子交易法》。该重要法案的目的是通过消除电子交易的障碍并维护交易权来促进商业和金融活动。个人在不受政府法规和官僚主义约束的情况下从事合同自由。通过确保以电子方式进行的交易与普通纸质（或跟单）交易具有同等效力或合法性，从而在立法中确保了这一目标的有效性。毫无疑问，《电子交易法》是一项重要的法律，具有相当大的创新性，在像斯里兰卡这样的发展中国家中，它具有巨大的潜力来刺激和进一步促进经济发展以及商业和自由企业活动。在进行任何形式的私营部门活动或金融活动之前，必须建立必要的体制和法律基础。该法案似乎是为斯里兰卡蓬勃发展的自由市场经济奠定基础的第一步。鉴于这些问题，本文概述了该法的基本规定，并概述了该法对于该国新兴的电子商务活动的重要性。它提请注意该法的某些不足之处，并简要地将注意力集中在新的电子商务法对斯里兰卡经济成功的影响上。本文还简要探讨了亚洲其他相关和平行的立法发展，旨在促进该地区的电子商务，以期提出与发展中国家电子商务监管相关的共同主题和新兴主题。

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