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This version of this statute is extracted from the UK Statute Law Database (SLD). It is not necessarily in the form in which it was originally enacted but is a revised version, which means that any subsequent amendments to the text and other effects are incorporated with annotations.
There are effects on this legislation that have not yet been applied to SLD for the following year: 2009. See the Tables of Legislative effects and the Update status of legislation page on the SLD website.
An Act to amend the law governing the making of contracts by or on behalf of bodies corporate; and for connected purposes.
[29th July 1960]
(1)Contracts may be made on behalf of any body corporate, wherever incorporated, as follows:—
(a)a contract which if made between private persons would be by law required to be in writing, signed by the parties to be charged therewith, may be made on behalf of the body corporate in writing signed by any person acting under its authority, express or implied, and
(b)a contract which if made between private persons would by law be valid although made by parol only, and not reduced into writing, may be made by parol on behalf of the body corporate by any person acting under its authority, express or implied.
(2)A contract made according to this section shall be effectual in law, and shall bind the body corporate and its successors and all other parties thereto.
(3)A contract made according to this section may be varied or discharged in the same manner in which it is authorised by this section to be made.
(4)Nothing in this section shall be taken as preventing a contract under seal from being made by or on behalf of a body corporate.
(5)This section shall not apply to the making, variation or discharge of a contract before the commencement of this Act but shall apply whether the body corporate gave its authority before or after the commencement of this Act.
This Act shall not apply to any company formed and registered under the [F1Companies Act 1985]or an existing company as defined in that Act. [F2or to a limited liability partnership]
F1Words substituted by Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2
F2Words in s. 2 inserted (6.4.2001) by S.I. 2001/1090, reg. 9, Sch. 5 para. 3
F1S. 3 repealed by Northern Ireland Constitution Act 1973 (c. 36), Sch. 6 Pt. I
(1)This Act may be cited as the Corporate Bodies’ Contracts Act 1960.
(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1
(3)This Act shall not affect the law of Scotland or . . . F2 of Northern Ireland.
F1S. 4(2), Sch. repealed by Statute Law (Repeals) Act 1974 (c. 22), Sch. Pt. XI
F2Words repealed by Northern Ireland Constitution Act 1973 (c. 36), Sch. 6 Pt. I
C1Unreliable marginal note
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1
F1S. 4(2), Sch. repealed by Statute Law (Repeals) Act 1974 (c. 22), Sch. Pt. XI
Corporate Bodies’ Contracts Act