The Corporations Act 2001 (Cth), after a successful trial period, has been amended to allow the electronic signing of deeds. This fixes what has been a significant omission in Australia’s electronic signatures regime to date.
General requirements
The Corporations Act now supports electronic execution of deeds in the following circumstances:
- the signatory must be identified
- the application of the signature must be reliable, and
- all signatories have consented to using the electronic method
DocuSign and AdobeSign are popular platforms for ensuring these requirements are met.
Electronic Witnessing
Only Queensland, Victoria and the Northern Territory, do not require witnessing where the deed signatory is an individual. Queensland has provided only temporary relief from this requirement under Covid measures, until 30 April 2022,[1] so this may revert to requiring witnessing if not extended. There are also some differing positions between states on the requirements for how documents may be electronically witnessed (see table below for summary).
Generally, witnesses can witness the electronic signing by:
- audio-visual link – where the witness can see and hear the signatory over a continuous video call in real time, or
- in person – where the witness is physically proximate to the signatory and can see the signatory apply their electronic signature.
In both cases the witness can also electronically sign the deed. If an audio-visual link is used, wording should be added to the witness’ signature to the record the use of that method (e.g. effect “witnessed by audio-visual link”).
State Overview
Table current at 3 March 2022
Glenn Vassallo (Managing Director), Scott Standen (Director) and
Ashley Hill (Director) can assist you with any queries in relation to your corporate legal requirements.
This article was written by GRT Lawyers, Dana Heriot (solicitor).
[1] under the COVID-19 Emergency Response Act 2020 (Qld)