Queensland Consolidated Acts

POWERS OF ATTORNEY ACT 1998 - SECT 178

178 Signing general power of attorney for corporation

(1) This section applies if—

(a) 2 or more persons (each a
"required signatory" ) are to sign a general power of attorney for a corporation; and

(b) before the commencement, at least 1 of the required signatories had signed the general power of attorney under the repealed regulation.

(2) From the commencement and despite the repeal of the repealed regulation—

(a) any required signatory who has not signed the general power of attorney may sign the general power of attorney in accordance with the repealed regulation as if the amending Act had not been enacted; and

(b) any requirements under the repealed regulation continue to apply in relation to the general power of attorney as if the amending Act had not been enacted.