Home
Français
Acts and Regulations
2020-43
- General
Table of contents
Enabling Act
1
Regulation number
Title
2019, c.30
Enduring Powers of Attorney Act
Full text
Current to 1 January 2024
NEW BRUNSWICK
REGULATION 2020-43
under the
Enduring Powers of Attorney Act
(O.C. 2020-145)
Filed June 30, 2020
Under section 28 of the
Enduring Powers of Attorney Act
, the Lieutenant-Governor in Council makes the following Regulation:
Citation
1
This Regulation may be cited as the
General Regulation
–
Enduring Powers of Attorney Act
.
Definition of “Act”
2
In this Regulation, “Act” means the
Enduring Powers of Attorney Act
.
Financial institution
3
The following classes of persons are prescribed for the purposes of the definition “financial institution” in section 1 of the Act:
(
a
)
an agent as defined in the
Insurance Act
;
(
b
)
a broker as defined in the
Insurance Act
;
(
c
)
an insurer as defined in the
Insurance Act
; and
(
d
)
a registered adviser as defined in the
Securities Act
.
Records of attorneys
4
(1)
An attorney for property shall keep the following records:
(
a
)
a list of the grantor’s property at the time the attorney began acting, including the value or an estimate of the value of each item and the name of the co-owner, if any;
(
b
)
a list of the grantor’s liabilities at the time the attorney began acting, including the amount or an estimate of the amount of each liability;
(
c
)
a list of the grantor’s sources of income, including the amount of the payments received from each source and the frequency of payments;
(
d
)
a list of any gifts given by the attorney on behalf of the grantor, including the date the gift was given, the reason for the gift, the amount or value of the gift and the name of the recipient;
(
e
)
a list of any compensation paid by the attorney to himself or herself or to another attorney or a monitor, including the date compensation was paid, the amount of compensation, the calculation of the amount of compensation and the name of the recipient;
(
f
)
a list of any money paid by the attorney to himself or herself or to another attorney as reimbursement for expenses, including the date the money was paid, a description of the expenses, the amount of money paid and the name of the recipient; and
(
g
)
all bank statements, invoices, bills, correspondence and other records necessary to provide a complete account of the actions taken by the attorney in relation to the grantor’s property and financial affairs, including acquiring or disposing of property, discharging or incurring liabilities and receiving, paying, giving or transferring money.
4
(2)
If a grantor gives an attorney for property authority only with respect to specified matters relating to the property and financial affairs of the grantor, the attorney shall keep the records referred to in paragraphs (1)(a) to (c) only to the extent that doing so is consistent with the attorney’s authority.
4
(3)
An attorney for personal care shall keep a list of all decisions made by the attorney in relation to the grantor’s health care, accommodation and support services, including the date of the decision and the reason for the decision.
Commencement
5
This Regulation comes into force on July 1, 2020.
N.B.
This Regulation is consolidated to July 1, 2020.
Copy
Select this element
Select parent element
Unselect all
Copy to Drafting
Copy to LAW
Copy to Clipboard
To copy : Ctrl+C
0
Advanced search (includes point-in-time)
Consolidated Acts and Regulations
Acts
by title
by chapter
by department
Regulations
by regulation number
Annual Acts and Regulations
Acts
by year
Regulations
by year
Access Rules of Court
by rule number
Repealed Legislation (2011 onward)
Acts
by title
Selections
Show
Selections in current document
All selections in the collection
Selected elements
Delete all selections
Show selections
Cyberlex
Version 2.2.6.0