Australian Capital Territory Consolidated Acts

POWERS OF ATTORNEY ACT 2006 - SECT 62

    (1)     This section applies if—

        (a)     an attorney under an enduring power of attorney is an individual; and

        (b)     the attorney becomes bankrupt or executes a personal insolvency agreement.

    (2)     The power of attorney is revoked to the extent that it gives power to the attorney in relation to property matters.

Note     For the extended meaning of bankrupt and "personal insolvency agreement", see the dictionary.