(3) Payment by Attorney under Power, without notice of death etc. good -Sec.3
Any person making or doing any payment or Act in good faith, in persuance of a
power of Attorney, shall not be liable in respect of the payment or Act, by
reason that before the payment or Act, the donor of the power had died or
become of unsound mind or insolvent, or had revoked the power, if the fact of
death, unsoundness of mind, insolvency or revocation was not at the time of the
payment or Act known to the person making or doing the same.
But this Section shall not affect any right against the payee of any person
interested in any money so paid, and that person shall have the like remedy
against the payee as he would have against the payer, if the payment had not
been made by him.
This Section applies only to payments and acts, made or done after
this Act comes into force.
Simplified Version
(3) Payment by Attorney under Power, without notice of death etc.
good -Sec.3
If any person does some act under power-of-attorney not aware of the fact that
at the time of doing such act the power-of-attorney had either died or ceased
to operate, shall not be liable for that act.
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