Queensland Consolidated Acts(1) For the purposes of this Code, the purported originator of an electronic communication is bound by that communication only if--
(a) the purported originator and the addressee of an electronic communication have agreed that the Electronic Funds Transfer Code of Conduct as published from time to time on the Internet site of the Australian Securities and Investments Commission applies to the electronic communication and under that Code of Conduct the purported originator is bound by the communication; or
(b) in any other case, the communication was sent by the purported originator or with the authority of the purported originator.
(2) Subsection (1) does not affect the operation of section 176.
(3) This section has effect despite anything to the contrary in the laws of this jurisdiction in relation to electronic transactions.