The eRules have been intentionally developed with version numbers in order that  they can be updated regularly without impacting upon other existing ICC rules,  thereby reducing the time required to develop any potential identified revision.As a result of discussions held in October 2022 during the Plenary Session in Paris  of the ICC Banking Commission, the Banking Commission SteerCo established a  Working Group with the task of aligning the eUCP with the UNCITRAL Model Law on  Electronic Transferable Records (MLETR) in respect of issues pertaining to electronic  transferable records. It is very important to note that this was not a revision nor an update of the eUCP. It  was solely an alignment with MLETR with respect to electronic transferable records. As stated in the ICC “Commentary on the eRules” covering both the eUCP and  the eURC, it is necessary to consider each applicable legal system with respect to  usage of the eRules in order to determine whether there is any substantive conflict  between the eRules definitions and those contained in the local law.