(1) The common seal of
the Corporation shall —
(a) be
kept in such custody as the Corporation directs; and
(b) not
be used except as authorised by the Corporation.
(2) When a document
purporting to bear the common seal of the Corporation is produced before any
court, judge or person acting judicially, that court, judge or person shall,
unless the contrary is proved, presume that —
(a) that
document bears that common seal; and
(b) that
common seal was duly affixed to that document.
(3) The Corporation
may, by writing under its common seal, empower a person, either generally or
in respect of a specified matter or specified matters, as its agent or
attorney to execute deeds or other instruments on its behalf, and a deed or
other instrument executed by such an agent or attorney on behalf of the
Corporation binds the Corporation and has the same effect as if it were under
the common seal of the Corporation.
(4) For the purposes
of this Act, the Corporation may make use of a facsimile of —
(a) its
common seal; or
(b) the
signature of an agent or attorney empowered to execute deeds or other
instruments on its behalf under subsection (3),
and a deed or other
instrument purporting to evidence indebtedness on the part of the Corporation
and to be endorsed with such a facsimile shall, until the contrary is shown,
be deemed to have been sealed by it or signed by the agent or attorney, as the
case requires.
[Section 6 amended: No. 25 of 1998 s. 8.]