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(1) A requirement that a notice, request, particulars or application to which this Act applies shall be in writing is satisfied where the text of the notice, request, particulars or application

(a) is transmitted by electronic means in a manner specified by the Commission,

(b) is received in legible form, and

(c) is capable of being used for subsequent reference.

(2) The Minister may by Regulations exempt a notice, request, particulars or application from these requirements.