The Electronic Transfer of Funds Crime Bill 2000 was introduced in the Senate in October 2000 at the same time of the Computer Misuse Bill in the House of Representatives. The Bill was passed with modifications in October 2000.
The main purpose of this Bill is to regulate the transfer of money through an electronic terminal by means of a card for the purpose of instructing or authorising a financial institution to debit or credit a cardholder’s account when anything of value is purchased.
The application of the Bill is limited to bank cards, credit cards or smart cards or other similar type of cards used for purchasing anything of value.
It doesn’t address the use of credit cards online.
- view the Electronic Transfer of Funds Crime Bill, 2000 (PDF ; 31K)
- view the Electronic Transfer of Funds Crime Act, 2000 (PDF ; 31K)
- Trinidad and Tobago Parliament’s website. Contains the transcripts of the speakers in both the House of Representatives and the Senate and other information as the Electronic Transfer of Funds Crime Bill, 2000 went through Parliament.
