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Section 17 - Powers of Attorney Act 2014 - Definition — Zoe

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Powers of Attorney Act 2014

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17 Definition In this Division— ***power of attorney for security*** means a non-enduring power of attorney— (a) that states that it is irrevocable; and (b) that is given by the principal to secure— (i) a proprietary interest of the attorney; or (ii) the performance of an obligation owed to the attorney.

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