Execution of instrument etc.
69 Execution of instrument etc.
If necessary or convenient for the exercise of power given to an attorney, the attorney may—
execute an instrument with the attorney’s own signature and, despite the fact that the power of attorney was given under hand, if sealing is required or used, with the attorney’s own seal; and
do any other thing in the attorney’s own name.
An instrument executed by an attorney must be executed in a way showing that the attorney executes it as attorney for the principal.
An instrument executed, or thing done, in the way specified in this section is as effective as if executed or done by the principal—
with the principal’s signature; or
with the principal’s signature and seal; or
in the principal’s name.
This section applies subject to the Property Law Act 2023, section 52.
Note—
This section deals with the execution of documents by corporations.
This Act’s bill:Explanatory memorandum
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