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ARTICLE · 14 MARCH 2022

Electronic signing here to stay for company documents

The changes clarify, and effectively make permanent, the relief measures for signing and/or executing company documents.

AustraliaCorporate/Commercial Law

On 22 February 2022, the Corporations Amendment (Meetings and Documents) Bill 2021  (Cth) (Bill) received royal assent. It introduces permanent changes to the Corporations Act 2001 (Cth) (Corporations Act) to allow Australian companies to use technological measures to electronically execute company documents (including deeds).

The changes clarify, and effectively make permanent, temporary relief measures regarding the signing and/or execution of company documents which had been in place since March 2020.

Key requirements

The following requirements now apply to execution of company documents for Australian companies:

Signing of documents

  • A person can sign a document (including a deed) on behalf of a company under sections 126 or 127 of the Corporations Act by signing a physical form of the document by hand or an electronic form of the document electronically. Signing of other documents required by the Corporations Act which relate to certain meetings or

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