Victorian Current Acts

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POWERS OF ATTORNEY ACT 2014 - SECT 69

Separation of attorney's and principal's property

    (1)     An attorney for financial matters under an enduring power of attorney must keep the attorney's property separate from the principal's property.

    (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 any other obligation imposed by law.


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