New powers of attorneys will come into effect in Victoria from 1 September 2015.
The Powers of Attorney Act 2014 (The Act) introduces the following powers of attorneys:
- Non Enduring Power of Attorney - replaces the old General Power of Attorney;
- Enduring Power of Attorney – this combines the old Enduring Power of Attorney Financial and Appointment of Enduring Guardian; and
- Supportive Attorney – this is a completely new power of attorney.
The existing Enduring Power of Attorney (Medical) is not affected by the Act and will continue to operate in its current form.
It is important to note that any General Power of Attorney, Enduring Power of Attorney Financial and Appointment of Enduring Guardian entered into before 1 September 2015 will remain valid and continue to have effect.
For more information about the new powers of attorney please contact: