The changes made provide that:
- the execution of a document under seal will not make the document a deed;
- a purchaser will be able to rely on the signatures of two directors or a director and the company secretary to attest the company seal on a deed;
- directors and secretaries who represent more than one company will have to sign a deed separately for each company they represent;
- companies will be allowed to complete the formalities attendant to signing a deed in advance of being bound by it (as individuals can);
- third parties will be able to rely on any transaction, not just transactions in land, completed by a solicitor; and
- where the company is acting under a power of attorney, the officer of the company who signs the document may sign in the name of the donor.