Act 7 Electronic Signatures Act 2011 (4) A person who contravenes subsection (1) commits an offence and is liable, on conviction, to a fine not exceeding seventy two currency points or to imprisonment not exceeding ten years or both and in the case of a continuing offence shall in addition be liable to a daily fine not exceeding five currency points for each day the offence continues. (5) Without prejudice to the Controller’s powers under section 26, the revocation of a licence under section 27 or its surrender under section 29 or its expiry shall not affect the validity or effect of any certificate issued by the certification service provider concerned before such revocation, surrender or expiry. (6) For the purposes of subsection (5), the Controller shall appoint another licensed certification service provider to take over the certificates issued by the certification service provider whose licence has been revoked or surrendered or has expired and the certificate shall, to the extent that they comply with the requirements of the appointed licensed certification service provider, be deemed to have been issued by that licensed certification service provider. (7) Subsection (6) shall not preclude the appointed licensed certification service provider from requiring the subscriber to comply with its requirements in relation to the issue of certificates or from issuing a new certificate to the subscriber for the unexpired period of the original certificate except that any additional fees or charges to be imposed shall only be imposed with the prior written approval of the Controller. 31. Effect of lack of licence. (1) The liability limits specified in Part IV shall not apply to unlicensed certification service providers. (2) Part V shall not apply in relation to an electronic signature, which cannot be verified by a certificate issued by a licensed certification service provider. (3) In any other case, unless the parties expressly provide otherwise by contract between themselves, the licensing requirements under this Act shall not affect the effectiveness, enforceability or validity of any digital signature. 28

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