Corporations Amendment (Meetings and Documents) Act 2022 (9 of 2022)

Schedule 1   Signing and executing documents

Corporations Act 2001

11   Subsections 127(3A), (3B) and (3C)

Repeal the subsections, substitute:

(3A) A company may execute a document as a deed in accordance with subsection (1):

(a) without that execution being witnessed; and

(b) regardless of whether the document signed by the director or company secretary of the company, as applicable, is in physical form or electronic form.

Note: An effect of paragraph (b) of this subsection is that, despite any common law rule, the document may be executed without the use of paper, parchment or vellum.

(3B) Delivery is not necessary if a company executes a document as a deed in accordance with subsection (1) or (2).