$2.8m initiative to improve digital document execution
Over the next 18 months, a $2.8 million project will be rolled out across the legal profession that will make it easier to digitally execute documents.
In addition to improving digital approaches to document execution, the Morrison government has made an 18-month commitment to developing practical resources to support further application of the Electronic Transactions Act 1999.
“We want to make it simpler for individuals and businesses to complete legal documents,” Ms Cash said, adding that it builds on the government’s recent reforms that allow Australians to digitally execute Commonwealth statutory declarations.
Minister for Superannuation, Financial Services and the Digital Economy Jane Hume said this would position Australia as a leader in digital economy regulation.
Commenting on the initiative, Ms Hume said: “Australian businesses need to adopt and adapt digital technologies at a greater rate than ever before, and we are assisting them in doing this. The Morrison government has taken a world-leading position on deregulation and the settings needed to accelerate our digital economy.”
This builds on 2021’s consultation on modernising business communications, which focused on improving the technology neutrality of Treasury portfolio laws to ensure that they do not restrict the use of current and future technologies.
Naomi Neilson
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly.
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