Act honestly and with reasonable diligence

Current

(1)

An attorney must exercise power honestly and with reasonable diligence to protect the principal’s interests.

Maximum penalty—200 penalty units.

(2)

In addition to any other liability the attorney may incur, the court may order the attorney to compensate the principal for a loss caused by the attorney’s failure to comply with subsection (1).

This Act’s bill:Explanatory memorandum

Research tools for this sectionSubscription

Cited by Analyse Interrogate History Equivalents

The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.

66 Act honestly and with reasonable diligence