Electronic Signatures: Legal considerations and best practices
Worldwide, organisations are adopting electronic signature solutions to help reduce their carbon footprint, streamline business processes, improve security and record-keeping, and reduce costs.
Australian law allows nearly every document to be signed using electronic signatures. In these cases, electronic signatures are legally equivalent to their wet-ink counterparts and businesses would benefit from their adoption. Almost all agreements used in typical business departments, such as sales, human resources, legal and procurement in their day-to-day operations, are capable of being signed electronically.
In this paper, we will review the law as it relates to electronic signatures by analysing how such signatures are treated under the Commonwealth and State electronic transactions legislation (ET Legislation) and how such signatures are treated under general law.