60 Execution of documents by incorporated body.E+W
(1)This section has effect as respects the execution of documents by an incorporated body.
(2)If an incorporated body has a common seal, a document may be executed by the body by the affixing of its common seal.
(3)Whether or not it has a common seal, a document may be executed by an incorporated body either—
(a)by being signed by a majority of the trustees of the relevant charity and expressed (in whatever form of words) to be executed by the body; or
(b)by being executed in pursuance of an authority given under subsection (4) below.
(4)For the purposes of subsection (3)(b) above the trustees of the relevant charity in the case of an incorporated body may, subject to the trusts of the charity, confer on any two or more of their number—
(a)a general authority, or
(b)an authority limited in such manner as the trustees think fit,
to execute in the name and on behalf of the body documents for giving effect to transactions to which the body is a party.
(5)An authority under subsection (4) above—
(a)shall suffice for any document if it is given in writing or by resolution of a meeting of the trustees of the relevant charity, notwithstanding the want of any formality that would be required in giving an authority apart from that subsection;
(b)may be given so as to make the powers conferred exercisable by any of the trustees, or may be restricted to named persons or in any other way;
(c)subject to any such restriction, and until it is revoked, shall, notwithstanding any change in the trustees of the relevant charity, have effect as a continuing authority given by the trustees from time to time of the charity and exercisable by such trustees.
(6)In any authority under subsection (4) above to execute a document in the name and on behalf of an incorporated body there shall, unless the contrary intention appears, be implied authority also to execute it for the body in the name and on behalf of the official custodian or of any other person, in any case in which the trustees could do so.
(7)A document duly executed by an incorporated body which makes it clear on its face that it is intended by the person or persons making it to be a deed has effect, upon delivery, as a deed; and it shall be presumed, unless a contrary intention is proved, to be delivered upon its being so executed.
(8)In favour of a purchaser a document shall be deemed to have been duly executed by such a body if it purports to be signed—
(a)by a majority of the trustees of the relevant charity, or
(b)by such of the trustees of the relevant charity as are authorised by the trustees of that charity to execute it in the name and on behalf of the body,
and, where the document makes it clear on its face that it is intended by the person or persons making it to be a deed, it shall be deemed to have been delivered upon its being executed.
For this purpose “purchaser” means a purchaser in good faith for valuable consideration and includes a lessee, mortgagee or other person who for valuable consideration acquires an interest in property.