(1) Subject to the provisions of sub-section (2), any person may make an application to the Controller for a licence to issue 1[Electronic] Signature Certificates.
(2) No licence shall be issued under sub-section (1), unless the applicant fulfills such requirements with respect to qualification, expertise, manpower, financial resources and other infrastructure facilities, which arc necessary to issue 1[Electronic] Signature Certificates as may be prescribed by the Central Government,
(3) A licence granted under this section shall--
(a) be valid for such period as may be prescribed by the Central Government;
(b) not be transferable or heritable;
(c) be subject to such terms and conditions as may be specified by the regulations.
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1. Substituted vide Information Technology (Amendment) Act, 2008. Previous text was digital