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March 27, 2011

THE POWERS OF ATTORNEY ACT 1882

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According to Osborn's Concise Law Dictionary, 7th Edn., a 'power-of-attorney' means a formal instrument by which one person empowers another to represent him, or act in his stead, for certain purposes, usually in the form of a deed poll, and attested by two witnesses. The donor of the power is called the principal or constituent; the donee is called the attorney or agent. The latter is not entitled to exercise his powers for his own benefit e.g. draw cheques on the former's account to pay his own debts."

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