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Difference between revisions of "Representation Agreements (15:V)"
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Representation Agreements (15:V) (view source)
Revision as of 21:55, 1 February 2017
, 21:55, 1 February 2017→1. Appointment and Resignation
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If an adult has a s 7 RA which authorizes their representative to make routine financial decisions, the adult MUST appoint a monitor to oversee their chosen representative unless the representative is the adult’s spouse, the Public Guardian and Trustee, a trust company or a credit union OR the adult has appointed two representatives who must act unanimously (s 12(1)). Failure to comply with this requirement will make the provision of the RA authorizing the Representative to make routine financial decisions invalid (s 12(2)). | If an adult has a s 7 RA which authorizes their representative to make routine financial decisions, the adult MUST appoint a monitor to oversee their chosen representative unless the representative is the adult’s spouse, the Public Guardian and Trustee, a trust company or a credit union OR the adult has appointed two representatives who must act unanimously (s 12(1)). Failure to comply with this requirement will make the provision of the RA authorizing the Representative to make routine financial decisions invalid (s 12(2)). | ||
A monitor must be 19 years or older and must be willing and able to perform the duties and to exercise the powers of a monitor (s 12(4)). An individual named in a representation agreement as a monitor must complete a Monitor's Certificate – see | A monitor must be 19 years or older and must be willing and able to perform the duties and to exercise the powers of a monitor (s 12(4)). An individual named in a representation agreement as a monitor must complete a Monitor's Certificate – see Appendix J for precedent of Monitor’s Certificate. | ||
A monitor may resign by giving written notice to the adult, each representative and any alternate representatives. The resignation will be effective upon giving notice or at a later date specified in the written notice (s 12(6)). See section 12 of the RAA for general provisions regarding the appointment and resignation of a monitor. | A monitor may resign by giving written notice to the adult, each representative and any alternate representatives. The resignation will be effective upon giving notice or at a later date specified in the written notice (s 12(6)). See section 12 of the RAA for general provisions regarding the appointment and resignation of a monitor. | ||
=== 2. Duties and Powers === | === 2. Duties and Powers === | ||