Power Of Attorney Act Malaysia
Either the donor or the donee may register his her power of attorney documents or by any lawyer presenting such documents at the power of attorney registration office high court of malaya kuala lumpur or at any registration office of the high court of malaya in west malaysia.
Power of attorney act malaysia. 3 how to register a power of attorney document. What is power of attorney. For sabah and sarawak solicitors to insert the applicable authentication clause title.
The grantor also referred to as the donor or principal allows an agent to act in his name in private or business matters. Authentication of powers of attorney 1 no instrument purporting to create a power of attorney executed after the commencement of this act shall have any validity to create such power within west malaysia unless. Buying or selling of property.
The person creating such an instrument is the donor and the person receiving authority to act is the donee. 1 january 1950 l n 632 1949 short title and application 1. Peninsular malaysia 5 december 1949.
2 this act shall apply to the states of peninsular malaysia only. Sabah and sarawak 1 october 1989 p u. Foreign investors who need and attorney in fact to handle their business affairs while they are not in the country can conclude a power of attorney in.
2 this act shall apply throughout malaysia. Laws of malaysia act 424 powers of attorney act 1949 an act relating to powers of attorney. The power of attorney is a special document that grants one individual the authority to act on behalf of another person.
B 441 1989 part i preliminary short title and application 1. I two 2 sets. Poa is a legal document which allows a person referred to as the donor to appoint another person known as the donee which authorises the donee to act on behalf of the donor in any dealings of physical or non physical assets such as land property shares or intellectual property.
1 this act may be cited as the stamp act 1949. 1 this act may be cited as the powers of attorney act 1949. Clause under the powers of attorney act 1949 for the power of attorney applicable for west malaysia.
Laws of malaysia act 118 housing development control and licensing act 1966 an act to provide for the control and licensing of the business of housing development in peninsular malaysia the protection of the interest of purchasers and for matters connected therewith. A power of attorney poa is a legal document giving one person the agent or attorney in fact the power to act for another person the principal. Powers of attorney a power of attorney is an instrument created by a person who entrusts someone to act on his behalf usually in a legal transaction e g.
