What were once the rules about executing legal documents using handwritten (so-called ‘wet’) signatures have been completely altered to allow for Covid-19 safety measures.
electronic signing
Electronic signing of documents by companies
Covid-19 has caused considerable stress and misery but every cloud has a silver lining and that lining in the case of covid-19 may be the speedy development of a regime for permitting companies to sign documents using electronic means rather than the so-called ‘wet’ signatures of directors.
New measure for company processes using technology
The Federal Government has released exposure draft legislation to support companies and their officers using technology to satisfy Corporations Act 2001 requirements.
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