Electronic Transactions Act · s 45

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s 45Liability limits for licensed certification authorities

Unless a licensed certification authority waives the application of this section, a licensed certification authority —

(a)

shall not be liable for any loss caused by reliance on a false or forged digital signature of a subscriber if, with respect to the false or forged digital signature, the licensed certification authority complied with the requirements of this Act;

(b)

shall not be liable in excess of the amount specified in the certificate as its recommended reliance limit for either —

(i)

a loss caused by reliance on a misrepresentation in the certificate of any fact that the licensed certification authority is required to confirm; or

Electronic Transactions 34 2008 Ed.

ii) failure to comply with sections 29 and 30 in issuing the certificate.