Queensland Consolidated Acts

PROPERTY LAW ACT 1974 - SECT 53B

53B Protection for third parties

(1) A person may assume that a document has been duly executed by a corporation if—

(a) the document appears to have been signed under section 46F (1) ; or

(b) both of the following apply—

(i) the common seal of the corporation appears to have been fixed to the document under section 46F (2) ;

(ii) the fixing of the common seal as mentioned in subparagraph (i) appears to have been witnessed under section 46F (2) .

(2) Nothing in this section limits or affects any requirement to be satisfied that a person signing a document is a director, secretary, or lawfully authorised agent or attorney, of a corporation.