Representation Agreements (15:V): Difference between revisions
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(→B. Who Can Be a Representative?: 2017 Summer Clinician update) |
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=== 2. Delegation of Authority === | === 2. Delegation of Authority === | ||
A Representative is not permitted to delegate authority to another person (s 16(6)). The exception to this is that a Representative who has | A Representative is not permitted to delegate authority to another person (s 16(6)). The exception to this is that a Representative who has been appointed to make financial investments on behalf of an adult may delegate authority to qualified investment specialist, including a mutual fund manager (s 16(6. 1)). A Representative may also retain the services of a qualified person to assist in carrying out the adult’s instructions or wishes. | ||
=== 3. Accounts and Records === | === 3. Accounts and Records === |