Signing authority by another person on behalf of debtor
60 Signing authority by another person on behalf of debtor
This section applies if a debtor intends to sign an authority under subsection 188(1) of the Act and the debtor is:
unable to read the relevant material, because the debtor:
is blind or has low vision; or
is illiterate or partially literate; or
is insufficiently familiar with the English language; or
unable to sign the authority or an acknowledgement under subsection 59(3) of this instrument relating to the authority because of a physical incapacity.
The authority and the acknowledgement may be signed by another person, who must sign a statement:
if subparagraph (1)(a)(i) or (ii) applies—that the person has read the relevant material to the debtor; or
if subparagraph (1)(a)(iii) applies—that the person has interpreted the relevant material to the debtor in a language with which the person and debtor are familiar; or
if paragraph (1)(b) applies—that the person believes that the debtor has read and understood the relevant material.
In this section:
relevant material means the authority, the information prescribed by section 59 and the acknowledgement under subsection 59(3) relating to the authority.
This Act’s bill:Explanatory statement
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