On 13 October, the Department for Digital, Culture, Media and Sport issued a news release about this Bill which would make digital documentation legally recognised, aiming to reduce processing times for electronic documents to 20 seconds and see carbon emissions reduced by at least 10%.  Business-to-business documents such as bills of lading and bills of exchange – used to help importers and exporters complete transactions – currently have to be paper-based.  Under the Bill, digital trade documents will be put on the same legal footing as their paper-based equivalents and it would modernise old legislation such as the Bills of Exchange Act 1882 and the Carriage of Goods by Sea Act 1992.  Commonly used documents in the UK for the trade in or transport of goods which the Bill will enable to become electronic include:

  • a bill of exchange
  • a promissory note
  • a bill of lading
  • a ship’s delivery order
  • a warehouse receipt
  • a mate’s receipt
  • a marine insurance policy
  • a cargo insurance certificate

Any modest contributions for my time and ongoing expenses are welcomed! 

At Buy me a Coffee single contributions start as low as $3, at

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: