Lading Without Bills – How Good is Bolero Bill of Lading

Winnie Jo-Mei Ma

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Abstract

BOLERO (Bills of Lading Electronic Registry Organisation) is a pilot project funded partially by the European Union in 1994. ‘Bolero.net’ is the legal structure for paperless international trade launched in September 1999. It is operated by Bolero International Limited, which is a joint venture between SWIFT (Society for Worldwide Interbank Financial Transactions) and TT Club (Through Transport Mutual Insurance Association Limited). It provides services to Bolero Association Limited, which is a non-profitmaking association owned by Bolero users. So how good is the Bolero Bill of Lading (BBL) in Australia? Can it achieve ‘electronic negotiability’? This paper will examine whether Bolero Rulebook (ie a multi-lateral
contract between Bolero users) is compatible with the relevant international law and Australian law.
Original languageEnglish
Article number6
Pages (from-to)206-234
JournalBond Law Review
Volume12
Issue number2
DOIs
Publication statusPublished - 2000

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