Australian Capital Territory Consolidated Acts

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POWERS OF ATTORNEY ACT 2006 - SECT 16

When and how power under power of attorney exercisable

    (1)     A principal may state in a power of attorney when, and how, power under the power of attorney is exercisable.

Examples of when power may be exercisable

1     if I am outside Australia for more than 1 month

2     if the property at 13 Mae West Drive is sold

3     starting on 14 February 2007

Note     An example is part of the Act, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act, s 126 and s 132).

    (2)     However, if the power of attorney does not state when the power is exercisable, the power can be exercised once the power of attorney is made.



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