Queensland Consolidated Acts

POWERS OF ATTORNEY ACT 1998 - SECT 86

86 Keep property separate

(1) An attorney for a financial matter must keep the attorney’s property separate from the principal’s property.

Penalty—

Maximum penalty—300 penalty units.

(2) Subsection (1) does not apply to—

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

(b) property acquired jointly by the principal and attorney in place of property owned jointly by the principal and attorney.

(3) Subsection (1) does not affect another obligation imposed by law.