90min | Draft | | - Kay explained we are looking at final draft of Chapter 3.
- On requirements of 3 original BLs: feedback from group is from historical but unable to say why it is like that, but we can put a footnote that under MLETR; The Model Law does not affect the continuation of that practice with respect to the use of electronic transferable records in accordance with article 10 of the Model Law when that practice is permitted under applicable Similarly, the Model Law does not prevent the possibility of issuing multiple originals on different media(e.g., one on paper and one in electronic form), where that is permitted under applicable law.
- Chapter 4: written in layman language
- “Transacting”: Tahseen explained in electronic EDI environment, Transaction is a complete set of a particular document, which is moved from one party to another party and there is an expectation of an input, hence a change.
- Remove “currently legally valid” as it is not clear
- Verifying via “Trusted services” / “Trusted 3rd parties”
- Review the key management process
- Kay will request Gunnar(which he contributed) to attend next meeting to clarify on 4.1
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