A statutory entity can have a common seal if its board decides to have one. You need to know that a common seal is like a special stamp that shows something is official. The common seal is important because it must be accepted as genuine by all courts.
If a statutory entity has a common seal, it will be recognised by courts as the entity's official seal. This means courts will know it is real and trustworthy. You can trust that the common seal will be accepted for all official purposes.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM330395.
A statutory entity may have a common seal if its board adopts one.
The common seal of a statutory entity (if it has one) must be judicially noticed in all courts and for all purposes.
