Australian Capital Territory Consolidated Acts

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POWERS OF ATTORNEY ACT 2006 - SECT 48

Keeping property separate—enduring powers of attorney

    (1)     An attorney for a property matter under an enduring power of attorney must, while the principal has impaired decision-making capacity, keep the attorney's property separate from the principal's property.

Note     Property includes money and financial assets (see dict).

    (2)     This section does not—

        (a)     apply to property owned jointly by the principal and attorney; or

        (b)     affect any other obligation imposed under territory law.



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