Existing legislation frequently requires communications in writing and financial transactions by paper.   
An example of this is National Savings and Premium Bonds were payments are made by cheque and all instructions have to be in writing.

 

Why is this idea important?

The current cumbersome procedure is inefficient and expensive.    How many drafts are posted by national savings and what is the burden and cost of many low value transactions on the banking system.

One bill covering all existing legislation allowing for modern technology would be the simplest way to increase efficiency and save considerable cost.

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