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There are potentially numerous benefits for purchasing property via a SMSF including asset protection and concessional By Ron Cohen 4 December By Phillip Leaman 20 November By Bianca Porto 13 November By Felicity Simpson 23 October Kiraig concerned a master franchisee Its rights to renew for a further term were typical in the franchising space They By Megan Sanders 9 October In essence, the legislation broadens director liabilities to now include GST, luxury car taxes and wine equalisation By Michael Fetter 24 July Classification of employees and By Bianca Porto 4 July To be clear, having a later effective date does not mean that the contract will not be binding until that later date.

The contract is binding when both parties have accepted the contract.

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Sometimes courts are asked to determine the effective dates of contracts that are completely undated. In those cases, the courts may look at surrounding circumstances to determine approximately when the contract went into effect.

Legal Help Live - Back-dating documents

When does a contract take effect? Some contracts clearly specify their effective date.

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Have you Executed and Dated the Documents Correctly?

Notify me of new comments via email. Five Common Questions Answered , which offers the following advice for in-house lawyers: For those instances where a document is intended to take effect retroactively, you should: Assess whether the backdating is intended to deceive or harm third parties including government and regulatory bodies.


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  6. Only proceed if the answer is no. Ascertain if the backdating would violate a law or adversely affect the rights of third parties including government and regulatory bodies.


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