New Zealand Legislation: Acts

73 Conditions affecting donee of power of attorney

• (1) This section applies whenever a power of attorney is given under section 70 or section 71 of this Act in respect of the practice of any solicitor.

  (2) The donee shall not begin to act under the power of attorney until he has—

  • (a) Produced it for the inspection of the Secretary of the District Law Society in every district in which the solicitor was practising; and

  • (b) Given a certified copy of it to every such Secretary; and

  • (c) Given notice of it to the auditor of the solicitor's trust account and to the bank where the trust account is kept.

  (3) All rules and regulations for the time being in force relating to solicitors' trust accounts and their audit shall apply and be observed in the name and on behalf of the solicitor as if he were personally conducting his practice.

  (4) [Repealed]

  Compare: 1961 No 47 s 21

  Subsection (4) was repealed, as from 24 May 1999, by section 17 Estate Duty Repeal Act 1999 (1999 No 64).