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This document allows you to create a Power of Attorney authorising the Attorney(s) to execute up to 20 specified documents and/or all documents related to a particular transaction.
The party granting the Power of Attorney can be a company or an individual and up to 5 Attorneys can be appointed.
If multiple Attorneys are appointed, you can choose whether they can each act separately or need to all act jointly.
Our FREE Director ID 💼 Legal Wizard is designed to assist you to determine when you are legally required under the Corporations Act 2001 (Cth.) to apply for a Director ID BEFORE you are appointed as a Director or an Alternate Director/Power of Attorney.
Failure to apply for a Director ID when required to do so is a criminal offence under s. 1272C of the Corporations Act 2001 (Cth.) carrying a maximum penalty of $13,200, and potential civil penalties of up to $1,100,000.
For more information please read our FAQ's about Director ID's:
➲ What are the criminal + civil penalties if you fail to have a Director's Identification number?
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