Here too, the rules differ depending on whether the document is a simple contract or an act. Section 46 deals with the execution of acts by companies under the seal, by agents and by an authorized person, while Section 47 deals with the request for delivery (defined as the intention to be legally bound in accordance with Section 47(3). In a recent decision, 400 George Street (Qld) Pty Ltd/ BG International Ltd  QCA 245 (400 George Street), the Queensland Court of Appeal confirmed that the facts and agreements differ on the following basis: Special rules may apply to land and the Land Registry has special requirements. If in doubt, ask a lawyer. For example, the court said that the execution of the facts by a proposed tenant did not constitute a delivery, because the tenant only wanted to be bound when all the parties had executed the act, and that had not taken place. In another case, the Tribunal found that the execution could be used as a delivery if the party relying on the document did not wait for the other party to have executed the act of execution before sending the signed forms necessary for a given registration. The time to file an application for an application is double the time limit for an ordinary contract (12 years instead of 6). You know that you have to enter into a contract, even if you are not sure that it should take the form of an “act” or an “agreement,” or even if that is what counts. Both documents are used to enter into contractual agreements, but since each can have its own advantages to do it properly, the success of a transaction can make a substantial difference. How to avoid confusion between acts and agreements. However, in most cases, it is worth mentioning legislation relating to specific requirements for the creation of a valid act.
These requirements depend on the applicable legislation for each state and territory, as well as the nature of the act concerned. For example, during a project, A may be required to provide a financial guarantee to B to guarantee its commitments. In this context, a financial institution (on behalf of A) may obtain a bank guarantee or a letter of credit to B. However, this guarantee cannot be matched between the financial institution and B.