Singapore legislation

Clause 47

of Timber Industry Board (Incorporation) Bill

Clause 47

Common seal and execution of documents

(1)

The Board shall have a common seal and such seal may from time to time be broken, changed, altered and made anew as the Board thinks fit.

(2)

All deeds, documents and other instruments requiring the seal of the Board shall be sealed with the common seal of the Board and every instrument to which the common seal is affixed shall be signed by the Executive Secretary and shall be countersigned by the Chairman or the Deputy Chairman or other member duly authorised in writing by the Board for that purpose, and such signing shall be sufficient evidence that the seal was duly and properly affixed and that the same is the lawful seal of the Board.

(3)

The Board may by resolution or otherwise in writing appoint an officer of the Board or any other agent either generally or in a particular case to execute or sign on behalf of the Board an agreement or other instrument not under seal in relation to any matter coming within the powers of the Board.

(4)

The provisions of section 12 of the Registration of Deeds Act (Cap. 281) shall not apply to an instrument purporting to have been executed under the provisions of subsection (2).

Clause 47 — Timber Industry Board (Incorporation) Bill