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41. Execution of deeds

Past version: effective from 14/06/2015 - 13/06/2015
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(1) A document is validly executed by a company as a deed for the purposes of laws applicable in the Abu Dhabi Global Market if, and only if—
(a) it is duly executed by that company, and
(b) it is delivered as a deed.
(2) A document is validly executed by a non-ADGM company as a deed for the purposes of laws applicable in the Abu Dhabi Global Market if, and only if—
(a) it is duly executed by that non-ADGM company, and
(b) it is delivered as a deed.
(3) For the purposes of subsection (1)(b) and 2(b) a document is presumed to be delivered upon its being executed, unless a contrary intention is proved.