What is the IT Act, of 2000 not applicable to?
According to Section 1 (4) of the Information Technology Act, 2000, the Act is not applicable to the following documents: Execution of Negotiable Instrument under Negotiable Instruments Act, 1881, except cheques. Execution of a Power of Attorney under the Powers of Attorney Act, 1882
Information Technology Act, 2000 (India)
The Information Technology Act, 2000 also Known as an IT Act is an act proposed by the Indian Parliament reported on 17th October 2000. This Information Technology Act is based on the United Nations Model Law on Electronic Commerce 1996 (UNCITRAL Model) which was suggested by the General Assembly of the United Nations by a resolution dated 30th January 1997. It is the most important law in India dealing with Cybercrime and E-Commerce.
The main objective of this act is to carry out lawful and trustworthy electronic, digital, and online transactions and alleviate or reduce cybercrimes. The IT Act has 13 chapters and 94 sections. The last four sections which start from ‘section 91 – section 94’, deal with the revisions to the Indian Penal Code 1860.
The IT Act, of 2000 has two schedules:
- First Schedule: Deals with documents to which the Act shall not apply.
- Second Schedule: Deals with electronic signature or electronic authentication method.
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