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20210312 - Owners Consent · EXE21/0023

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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reason to believe that it has been revoked.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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