16. Powers of attorney.

Where the authority of the agent is required to be conferred by a deed1, or where in any other circumstances it is desired formally to appoint an agent to act for the principal in one transaction or a series of transactions or to manage the affairs of the principal generally, the necessary authority is conferred by an instrument known as a power of attorney2. Such powers are the subject of statutory provision, which specifies the method of execution3, the proof of instruments creating such powers4, the revocability5 and the effect of revocation of powers

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