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20210312 - Owners Consent · EXE21/0023
The principal's actions a Revoking your power. The principal may revoke your power at any time, so long as his/her capacity to make the decision is unimpaired. In other words, so long as the principal has the capacity to make an enduring power of attorney, he/she also has the capacity to revoke it. If the principal revokes your power, he/she must inform you in writing. @ = Appointing a new attorney to have your powers. If the principal completes a new document giving your powers to another attorney, your powers are revoked to that extent. Because the new document has a later date, it overrides the first. @ ~~ Getting married. If the principal marries, your power of attorney is revoked unless you are the principal's new spouse. (If you are the principal's new spouse, the only power that is revoked is the power of any other attorney that the principal may have.) ™@ = Getting divorced. If the principal divorces and you were the principal's former spouse, your power of attorney is revoked. ~The principal's death. If the principal dies, your enduring power of attorney is revoked in its entirety. Actions by the Court Your power may also be changed or revoked by the Court if you have failed to act in the principal's interests. Can | be held liable? Yes, if you use the enduring power of attorney knowing that it has been changed or revoked, or knowing of an event that effectively revokes it, or even if you have reason to believe that it has been revoked. The Court and the Adult Guardian have the power to protect the principal's interests. You may be required to produce a summary of receipts and expenditure or more detailed accounts, and these may be audited. You may also be required to give evidence in relation to the exercise of your powers. If the Court or Adult Guardian believes that you have not adequately protected the principal's interests, you may be removed or your enduring power of attorney may be revoked, and you may be required to compensate the principal. Where can | go for advice? The Court, the Adult Guardian, the Public Trustee or a solicitor can advise you about this document and your power and responsibilities under it. The Court can also make a declaration about the validity of this document or whether your power to make a decision for the principal has begun. 18
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