Clause 44
Company Law Reform Bill [Lords]
6:00 pm
Amendments made: No. 93, in clause 44, page 18, line 28, leave out subsections (2) and (3) and insert—
‘(2) A document is validly executed by a company if it is signed on behalf of the company—
(a) by two authorised signatories, or
(b) by one authorised signatory in the presence of a witness who attests the signature.
For the meaning of “authorised signatory”, see section (Authorised signatories).
(3) A document signed in accordance with subsection (2) and expressed, in whatever words, to be executed by the company has the same effect as if executed under the common seal of the company.'.
No. 94, in clause 44, page 18, line 41, leave out‘or (3)'.
No. 95, in clause 44, page 19, line 4, leave out
‘a director or the secretary'
and insert ‘an authorised signatory'.
No. 96, in clause 44, page 19, line 8, leave out from beginning to ‘is' in line 9 and insert
‘an authorised signatory are to be read, in a case where the signature is that of a director or secretary and that office'.—[Margaret Hodge.]