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3. 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.”.
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