This eURC article comprises of a group of words or phrases used in the eURC.
The eURC definitions are modelled on the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Electronic Commerce, which is the most widely imitated in eCommerce legislation.
The selections we are addressing within this blog are current URC terms that now also apply to electronic presentations.
Advices: this definition appends to the meaning of "advices" in URC 522 article 26 (Advices).
Collection instruction: this definition appends to the meaning of "collection instruction" in URC 522 article 4 (Collection Instruction).
Document: allows for electronic records presented under eURC to be added to the meaning of the word ‘document' as used in URC 522.The term ‘document' or a variation is used extensively in URC 522. It is defined in URC 522 sub-article 2 (b) and means "financial documents and/or commercial documents" as further defined in URC 522 sub-articles 2 (b) (i) and (ii).
Place for presentation: now means that the phrase ‘place for presentation', as used in URC 522, now includes an electronic address of a data processing system.
Sign: adds an electronic signature to the meaning of the term ‘sign'.
Superimposed: complements the term as used in URC 522 in order to describe the addition of information to an electronic record.