Digital Signature 39 (3) When a certificate expires, the subscriber and licensed certification authority shall cease to certify as provided under this Act and the licensed certification authority shall be discharged of its duties based on issuance in relation to the expired certificate. (4) The expiry of a certificate shall not affect the duties and obligations of the subscriber and licensed certification authority incurred under and in relation to the expired certificate. CHAPTER 8 Recommended reliance limits and liability Recommended reliance limit *60. (1) A licensed certification authority shall, in issuing a certificate to a subscriber, specify a recommended reliance limit in the certificate. (2) The licensed certification authority may specify different limits in different certificates as it considers fit. Liability limits for licensed certification authorities 61. Unless a licensed certification authority waives the application of this section, a licensed certification authority— (a) shall not be liable for any loss caused by reliance on a false or forged digital signature of a subscriber, if, with respect to the false or forged digital signature, the licensed certification authority complied with the requirements of this Act; (b) shall not be liable in excess of the amount specified in the certificate as its recommended reliance limit for either— (i) a loss caused by reliance on a misrepresentation in the certificate of any fact that the licensed certification authority is required to confirm; or (ii) failure to comply with sections 29 and 30 in issuing the certificate; and *NOTE—The Central Bank of Malaysia is exempted from the requirements of this section for the purpose of implementing the Real-Time Electronic Transfer of Funds and Securities System or also known as “RENTAS”–see P.U. (A) 300/1999.

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