PART IV - DUTIES OF LICENSED CERTIFICATION AUTHORITIES AND SUBSCRIBERS CHAPTER 8 - Recommended reliance limits and liability
Section 61. Liability limits for licensed certification authorities.
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