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Power of Attorney — Australia

Governing law referenceAustralian Consumer Law (Schedule 2, Competition and Consumer Act 2010)
Local enforcement bodyAustralian Competition and Consumer Commission (ACCC)
Average legal fee rangeAUD $200–$450/hr solicitor ratepending legal review
Compliance requirementMust clearly define the scope of authority granted and comply with the jurisdiction's witnessing or notarization rules.
Penalty for violationAn improperly executed power of attorney may be rejected by banks or institutions, or challenged as invalid.pending legal review
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