N

Our legal experts will keep you up to date on all relevant and current developments.

New measures close the gap for electronic execution of documents by companies

Companies can now sign documents by electronic means and with directors using electronic signatures. 

On 10 February 2022, the Australian Senate passed the Corporations Amendment (Meetings and Documents) Bill 2021.  The passing of the Bill now clarifies the execution requirements of companies when signing documents (including deeds) - whether in physical or electronic form, or a hybrid of physical and electronic.


Electronic Signing of Documents by Companies and the Conduct of Virtual Meetings - Legislation Passed

On 10 August 2021 both Houses of Parliament passed the Treasury Laws Amendment (2021 Measures  No 1) Bill 2021, enabling companies to sign and execute documents, hold meetings, provide notices relating to meetings and keep minutes using electronic means or other alternative technologies, until the end of March 2022.

The Act will formally take effect once it receives Royal assent.


Recent Posts