Examples of using Electronic transferable in English and their translations into Chinese
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Political
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Ecclesiastic
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Programming
The Secretariat had informed the Commission of recent developments regarding electronic transferable records, identity management and e-commerce conducted with mobile devices.
Electronic transferable records would help to promote entrepreneurship and trade in the future.
It was suggested that a compilation of the practice in the various jurisdictions and business sectors would be useful to identify legal obstacles to the use of electronic transferable documents.
In this line, the necessity to take into consideration the requirements related to the securitization of electronic transferable records was also expressed.
Work of other international organizations on legal issues relating to the use of electronic transferable records.
(b) A note by the Secretariat on legal issues relating to the use of electronic transferable records(A/CN.9/WG. IV/WP.115); and.
The Working Group engaged in a discussion on the extent to which the issuer should remain involved in the transfer or negotiation of an electronic transferable document.
As to the creation of electronic transferable records, the significance of building users' trust through a secure, effective and reliable system was highlighted.
It was also mentioned that in registry-based systems, the holder of the electronic transferable record might not have actual control.
It was further noted that the transfer of control over an electronic transferable record, discussed below, would generally be achieved through the amendment of that record.
It was suggested that the holder in control of the electronic transferable record would often be the party having the right to make such amendments.
Similar comments were expressed on the question of when amendments could be made to electronic transferable records.
It was indicated that rules on amendments should recognize that an electronic transferable record could be amended and let the system determine how this was put in practice.
It was suggested that providing a definition of control over an electronic transferable record could be useful for future deliberations.
It was indicated that cross-border aspects were particularly prevalent in electronic transferable records used in the maritime transport industry.
Mr. Bellenger(France) expressed skepticism about Working Group IV' s work on electronic transferable records.
It was also noted that the work regarding electronic transferable records might include certain aspects of the other topics discussed in document A/CN.9/728 and Add.1.
Furthermore, it was suggested that the definition of an electronic transferable record as evidencing a right to claim performance of obligation touched upon substantive law.
It was widely agreed that paragraph 5 should be deleted as the substantive law would determine the time of issuance of an electronic transferable record.
It was noted that the effectiveness of the transfer of an electronic transferable record was a matter governed by substantive law.