POWERS OF ATTORNEY 279
by the third party of a copy of the power carefully collated
by him. Such a copy, however. would not strictly be ad
missible in evidence.
Certain safeguards are, however, afforded by Statute.
S. 124 of the Law of Property Act, 1925, provides as follows :—
(1) Any person making any payment or doing any act,
in good faith, in pursuance of a power of attorney,
shall not be liable in respect of the payment or act
by reason that before the payment or act the donor
of the power had died or become subject to dis-
ability! or bankrupt,? or had revoked the power,
if the fact of death, disability, bankruptcy, or
revocation, was not at the time of the payment
or act known to the person making or doing the
same.
A statutory declaration by an Attorney that he has
not received any notice or viformation of the revocation
of such power of attorney by death or otherwise, shall,
if made immediately before or within three months
after any such payment or act as aforesaid, be taken
to be conclusive proof of such mon-revocation at the
time when such payment or act was made or done.
Where the donee of the power of attorney is a
corporation aggregate, the officer appointed to act
for the corporation in the execution of the power
may make the statutory declaration in like manner
as if that officer had been the donee of the power.
Where probate or letters of administration have
been granted to any person as attorney for some
other person,? this section applies as if the payment
made or acts done under the grant had been made
or done under a power of attorney.
This section shall not affect any right against
the payee of any person interested in any money
so paid; and that person shall have the like remedy
against the payee as he would have had against
the payer if the payment had not been made by
him.
3)
Statutory
Protection.
! E.g. lunacy, unsoundness of mind.
? includes liquidation (s. 2035).
8 As to the appointment of this officer, see Appendix.
! Where administration is granted to the attorney of an executor or
next of kin, the grant is made to the attorney for the use and benefit of
his principal and determines on the latter's death. This clause protects
third parties who have no notice of such death and deal in good faith
with the attornev.