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#EveryoneNeedsaPlan When Signing Company Documents Electronically
Posted by G. Dean McKinnon
on 17 March 2022
It usually take some time for the law to catch up with general practices in society. This has been true for digital signing of documents as with anything else but on 10 February, 2022 the Corporations Amendment (Meetings and Document) Act 2021 was passed by Parliament.
This legislation allows directors to sign company documents digitally rather than using "wet" signatures (i.e., using a pen to sign on a paper document).
This will save a considerable amount of time to complete documentation that is required for companies and will make director's lives a lot easier.
Signatories will also be able to only have to sign the "signature" page rather than the whole document, which will also save time, and is a welcome improvement.
McKinnon Financial Finance is a registered ASIC Agent and manages all company requirements for our Total Service Clients, so if you need help managing your company ASIC documents (e.g., Annual Returns) do not hesitate to contact us and arrange your free initial appointment to discuss financial requirements.
This legislation allows directors to sign company documents digitally rather than using "wet" signatures (i.e., using a pen to sign on a paper document).
This will save a considerable amount of time to complete documentation that is required for companies and will make director's lives a lot easier.
Signatories will also be able to only have to sign the "signature" page rather than the whole document, which will also save time, and is a welcome improvement.
McKinnon Financial Finance is a registered ASIC Agent and manages all company requirements for our Total Service Clients, so if you need help managing your company ASIC documents (e.g., Annual Returns) do not hesitate to contact us and arrange your free initial appointment to discuss financial requirements.
Author:G. Dean McKinnon
| Tags:Legal |
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