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Part II · Formation and Administration of Companies

66. Execution of documents

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(1)

A document is executed by a company—

(a)

by the affixing of its common seal, subject to the conditions or limitations in the constitution; or

(b)

by signature in accordance with this section.

(2)

A document is validly executed by a company if it is signed on behalf of the company—

(a)

by at least two authorized officers, one of whom shall be a director; or

(b)

in the case of a sole director, by that director in the presence of a witness who attests the signature.

(3)

A document signed in accordance with subsection (2) shall have the same effect as if the document is executed under the common seal of the company.

Companies 107

(4)

A document or proceeding requiring authentication by a company may be signed by an authorized officer and need not be made under the common seal.

(5)

For the purposes of this section, “authorized officer” means—

(a)

a director of the company;

(b)

a secretary of the company; or

(c)

any other person, approved by the Board.

(6)

For the purposes of this section, “document” means a document which is required to be executed by any written law, resolution, agreement or constitution in accordance with subsection (1).

Report

Part III

Management of Company

Chapter I

Chapter II

Chapter III

Part IV

Cessation of Companies

Part V

Miscellaneous

Schedules