Trusts Act 2025
sec.255Delegation of matter by power of attorney in operation before commencement
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sec.255 Delegation of matter by power of attorney in operation before commencement
This section applies if, immediately before the commencement, a power of attorney delegating a matter under the repealed Act, section 56(1) was in operation under section 56 (5) of that Act. Subject to subsection (3), the repealed Act, section 56 continues to apply in relation to the power of attorney as if this Act had not been enacted. The repealed Act, section 56(2) continues to apply only until the earliest of the following to happen— the power of attorney is revoked under the repealed Act, section 56(5); the power of attorney, to the extent it provides for the delegation, otherwise ends; the beginning of the day that is 1 year after the day this section commences. (sec.255-ssec.1) This section applies if, immediately before the commencement, a power of attorney delegating a matter under the repealed Act, section 56(1) was in operation under section 56 (5) of that Act. (sec.255-ssec.2) Subject to subsection (3), the repealed Act, section 56 continues to apply in relation to the power of attorney as if this Act had not been enacted. (sec.255-ssec.3) The repealed Act, section 56(2) continues to apply only until the earliest of the following to happen— the power of attorney is revoked under the repealed Act, section 56(5); the power of attorney, to the extent it provides for the delegation, otherwise ends; the beginning of the day that is 1 year after the day this section commences.
- (a) the power of attorney is revoked under the repealed Act, section 56(5);
- (b) the power of attorney, to the extent it provides for the delegation, otherwise ends;
- (c) the beginning of the day that is 1 year after the day this section commences.