The Revocable Deed is a specialized legal instrument used in Australian business and personal contexts where parties require the enhanced enforceability and extended limitation periods of a deed, while maintaining the flexibility to revoke the arrangement under specific circumstances. This document type is particularly useful for conditional arrangements, property matters, business restructuring, and situations where the formal requirements of a deed are desired but permanent commitment may not be appropriate. The document must comply with Australian deed execution requirements while incorporating clear revocation mechanisms. It's commonly used in business restructuring, property transactions, trust arrangements, and various commercial contexts where formal documentation with revocation rights is needed.
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1. Parties: Formal identification of all parties to the deed, including full legal names, addresses, and ACN/ABN for companies
2. Background: Recitals explaining the context and purpose of the deed, including any relevant historical or factual context
3. Definitions and Interpretation: Comprehensive definitions of terms used in the deed and rules for interpretation
4. Grant/Operative Provisions: The main substance of what is being granted or agreed to in the deed
5. Revocation Rights: Clear specification of circumstances under which the deed may be revoked and the process for revocation
6. Notice Requirements: Procedures for giving notice, particularly in relation to revocation
7. Warranties and Representations: Statements of fact or promises made by the parties
8. Governing Law and Jurisdiction: Specification that Australian law governs the deed and jurisdiction for disputes
9. Execution: Formal execution blocks meeting deed requirements under Australian law
1. Condition Precedent: Used when the deed's effectiveness is subject to certain conditions being met first
2. Confidentiality: Include when the deed involves sensitive information that needs protection
3. Dispute Resolution: Detailed dispute resolution procedures, recommended for complex arrangements
4. GST Provisions: Required when the deed involves transactions that may have GST implications
5. Assignment: Include when parties need the ability to transfer their rights or obligations
6. Severability: Protection clause for maintaining validity if parts are found unenforceable
7. Force Majeure: Include when performance might be affected by events beyond parties' control
1. Property Schedule: Details of any property or assets covered by the deed
2. Payment Schedule: If the deed involves payments, details of amounts and payment terms
3. Notice Details: Detailed contact information for formal notices under the deed
4. Revocation Form: Pro-forma document for exercising revocation rights
5. Special Conditions: Any specific conditions or requirements that apply to the deed
6. Execution Requirements: Specific requirements for valid execution by different entity types
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Real Estate
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Construction
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Compliance
Risk Management
Corporate Secretariat
Finance
Operations
Commercial
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Treasury
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Legal Counsel
Company Secretary
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Risk Manager
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Trust Manager
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Corporate Lawyer
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