Victorian Numbered Acts

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POWERS OF ATTORNEY ACT 2014 (NO. 57 OF 2014) - SECT 18

Operation of powers of attorney for security

    (1)     A power of attorney for security that is given to secure a proprietary interest may be given to the person entitled to the proprietary interest and to any person deriving title to that proprietary interest under that person.

    (2)     A person who is given a power of attorney for security as a person deriving title to a proprietary interest under another person is an attorney under the power for all purposes of the power.

    (3)     Subsections (1) and (2) do not affect any right to appoint a substitute attorney given by the power of attorney.



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