Execution of deeds by corporations4
After section 74 of the 1925 Act insert—
Execution of instrument as a deed74A
1
An instrument is validly executed by a corporation aggregate as a deed for the purposes of section 1(2)(b) of the Law of Property (Miscellaneous Provisions) Act 1989, if and only if—
a
it is duly executed by the corporation, and
b
it is delivered as a deed.
2
An instrument shall be presumed to be delivered for the purposes of subsection (1)(b) of this section upon its being executed, unless a contrary intention is proved.