4. (1) After section 3 of the Principal Act the following sections are inserted:
“3AA. A general power of attorney may be created by instrument in or to the effect of Form 1 in the Schedule.
“3AB. A donor under a power of attorney may appoint 2 or more donees in any one or more of the following ways:
(a) by appointing the donees jointly or severally, or both jointly and severally;
(b) by appointing 2 or more of the donees (being a number less than the total number of donees) to act jointly or severally, or both jointly and severally; and
(c) by appointing different donees to act in different circumstances, upon the occurrence of different events or in respect of different property.
“3AC. (1) Subject to this section, a power of attorney confers on—
(a) the donee; or
(b) if there are 2 or more donees—on the donees acting jointly or severally, as the case requires;
authority to do on behalf of the donor anything the donor may lawfully do by an attorney.
“(2) A power of attorney does not operate to confer—
(a) authority to exercise any power or to perform any duty or function conferred or imposed on the donor as a trustee or personal representative; or
(b) unless the instrument creating it expressly so provides—power to execute a conveyance or other instrument, or to do any other act, by which a benefit would be conferred on the donee.
“(3) The donee under a power of attorney may appoint a substitute, delegate or sub-attorney unless the instrument creating the power expressly prohibits the donee from doing so, but a donee may not make such an appointment irrevocably unless expressly authorised by the instrument to do so.
“(4) A power of attorney may specify conditions or limitations to which the authority conferred by it is to be subject, and such a power of attorney has effect accordingly.
“3AD. An instrument in or to the effect of Form 1 or 2 in the Schedule, notwithstanding that it is not expressed to be executed under seal, shall for all purposes be taken to be, and have effect as, a deed.”.
(2) Section 3AA of the Principal Act as amended by this Act shall be deemed to have commenced on 24 December 1956.