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SCHEDULES

SCHEDULE 17Company Contracts, Seals, &c.: Further Provisions

Official seal for use abroad

2(1)Section 39 of the Companies Act 1985 (power to have official seal for use abroad) is amended as follows.

(2)In subsection (1), after “A company” insert “which has a common seal” and for “the common seal of the company” substitute “its common seal”.

(3)For subsection (2) (effect of sealing with official seal) substitute—

(2)The official seal when duly affixed to a document has the same effect as the company’s common seal..

(4)In subsection (3) (instrument authorising person to affix official seal), after “by writing under its common seal” insert “or, in the case of a company registered in Scotland, subscribed in accordance with section 36B,”.