Execution by corporations3
For section 74(1) of the 1925 Act substitute—
1
In favour of a purchaser an instrument shall be deemed to have been duly executed by a corporation aggregate if a seal purporting to be the corporation’s seal purports to be affixed to the instrument in the presence of and attested by—
a
two members of the board of directors, council or other governing body of the corporation, or
b
one such member and the clerk, secretary or other permanent officer of the corporation or his deputy.