11AForms of contracts

11A Forms of contracts

(1) Contracts on behalf of a Trust may be made as follows—

(a) a contract which if made between private persons would be by law required to be in writing under seal may be made on behalf of the Trust in writing under the common seal of the Trust;

(b) a contract which if made between private persons would be by law required to be in writing signed by the parties to the contract may be made on behalf of the Trust in writing signed by any person acting under its authority, express or implied;

(c) a contract which if made between private persons would by law be valid although made orally only (and not reduced into writing) may be made orally on behalf of the Trust by any person acting under its authority, express or implied.

(2) A contract made in accordance with subsection (1) is effective in law and binds the Trust and its successors and all other parties to the contract.

(3) A contract made in accordance with subsection (1) may be varied or discharged in the manner in which it is authorised to be made.

(4) A document or proceeding requiring authentication by a Trust may be signed by an authorised officer of the Trust and need not be under its common seal.

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