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Aside from the introduction of a new prescribed Power of Attorney form, the Bill’s most significant reforms will impact on the affairs of attorneys appointed by their principal under a joint Power of Attorney. Currently, if:
then the power of attorney itself is voided and terminated notwithstanding one or more attorneys continue to stand ready, willing and able to exercise their office as attorney.
The Bill, however, stands to allow principals to provide that where the office of an attorney appointed jointly with one or more other attorneys is vacated, the power will continue to apply with respect to the remaining attorney or attorneys.