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ARTICLE · 29 JUNE 2022

Electronic Execution Of Documents By Companies

The Corporations Amendment (Meetings and Documents) Bill 2021 (Cth) (Amendment Act) was given royal assent on 22 February 2022 and has now come into force.

AustraliaCorporate/Commercial Law

The Corporations Amendment (Meetings and Documents) Bill 2021 (Cth) (Amendment Act) was given royal assent on 22 February 2022 and has now come into force.

The Amendment Act has amended the Corporations Act 2001 (Cth) (Corporations Act) and builds on the temporary measures introduced last year by the Treasury Laws Amendment (2021 Measures No.1) Act 2021 (Cth) to deal with challenges of having documents executed during the COVID-19 environment (which we wrote about here).

These important changes will mean that all parties to a contract will now be able to execute documents virtually without having to rely on temporary legislation.

In broad terms, the changes clarify:

  • who can execute documents on behalf of a company; and

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