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From 1 September 2015 new law applies to Financial and Personal Powers of Attorneys. There is no longer the need for a separate Power of Attorney Guardianship. You can now appoint an attorney to make financial and lifestyle choices on your behalf in one document. There are a number of new requirements such as:
- Restrictions regarding carers;
- Disclosure regarding convictions for acts of dishonesty;
- New Acceptance Statements;
- Witnessing of Acceptance Statements.
Seek legal advice to ensure compliance with the new requirements.