(1) A body corporate's common seal must include the body corporate's name.
(2) The seal must not be attached to a document unless its use has been authorised by a resolution of the body corporate or its committee of management.
(3) The attachment of the seal must be witnessed by at least 2 members of the body corporate (unless there is only 1 member, in which case the attachment of the seal must be witnessed by the member).
(4) The body corporate must take reasonable precautions to prevent unauthorised use of the seal.
(5) If a document appears to have the common seal of a body corporate attached, and the attachment of the seal appears to have been witnessed as required by this section—
(a) a person dealing with the body corporate without notice of irregularity is entitled to assume that the seal was properly attached; and
(b) in legal proceedings or proceedings before a Territory official, it must be presumed, in the absence of evidence to the contrary, that the seal was properly attached.
(6) This section does not limit how a body corporate may execute a document.