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dc.contributor.authorKariyawasam, K
dc.date.accessioned2017-05-03T14:14:21Z
dc.date.available2017-05-03T14:14:21Z
dc.date.issued2008
dc.date.modified2009-04-17T07:10:42Z
dc.identifier.issn1360-0834
dc.identifier.urihttp://hdl.handle.net/10072/22292
dc.description.abstractA 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.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherRoutledge
dc.publisher.placeUSA
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom51
dc.relation.ispartofpageto64
dc.relation.ispartofissue1
dc.relation.ispartofjournalInformation & Communications Technology Law
dc.relation.ispartofvolume17
dc.rights.retentionY
dc.subject.fieldofresearchCommercial law
dc.subject.fieldofresearchcode480102
dc.titleThe Growth and Development of E-Commerce: An Analysis of the Electronic Signature Law of Sri Lanka
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.date.issued2008
gro.hasfulltextNo Full Text
gro.griffith.authorKariyawasam, Kanchana S.


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    Contains articles published by Griffith authors in scholarly journals.

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