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Briefings

Electronic execution and split execution permitted by changes to corporations act

Electronic execution and split execution of documents by companies is once again permitted following temporary changes to section 127 of the Corporations Act 2001 (Cth). The changes took effect on 14 August 2021 and provide relief to companies needing to sign documents while company officers are subject to stay at home restrictions. The amendments will automatically expire on 31 March 2022.