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E-commerce consultant selected

of consultant who will make recommendations on drafting electronic commerce legislation for Bermuda.

The committee was due to be make a recommendation to Finance Minister Eugene Cox and the bidder was to be identified yesterday. However Mr. Cox is away from the Island so the winning bidder won't be identified until Monday, when he returns.

About 12 bids for the job were submitted for consideration.

The eventual legislation will be drafted by the Attorney General's Chambers.

The successful applicant will have to produce drafting instructions for the legislation along with the recommended wording of the statute and advice on policy issues by June 1.

Government and the Bermuda International Business Association (BIBA) are working together on the project. BIBA has set up four electronic commerce sub-committees to deal with the issue. The key one is the legislative initiatives sub-committee, chaired by Bermuda Stock Exchange chief executive officer William Woods.

Government plans on introducing the legislation to the House of Assembly before Parliament goes into recess for the summer in July.