Australian Capital Territory Consolidated Acts

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POWERS OF ATTORNEY ACT 2006 - SECT 73

Protection for transaction if dealing with attorney and unaware of invalidity

    (1)     This section applies to a person who—

        (a)     deals with a person (the attorney ) who is acting, or purporting to act, as an attorney under a power of attorney; and

        (b)     at the time of the dealing, did not know that the power of attorney, or power under the power of attorney, was invalid.

    (2)     A transaction between the attorney and the person is, in favour of the person, as valid as if the power of attorney or power were not invalid.

Note     The Guardianship and Management of Property Act 1991 , pt 3 deals with proceedings in relation to enduring powers of attorney by the ACAT.



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