Section 126: Effect of irrevocable power of attorney for value.

Law of Property Act 1925 · 1925 c. 20View on legislation.gov.uk

This provision is omitted
It is retained for historical reference and may not reflect the law currently in force.

Part III: Mortgages, Rentcharges, and Powers of Attorney

OMITTED FROM CURRENT TEXT on 2014-08-01.

The text below is the provision as originally enacted. It is historical and may not include amendments made before this status change. View the enacted source.

If a power of attorney given for valuable consideration is in the instrument creating the power expressed to be irrevocable, then, in favour of a purchaser,—

This section applies to powers of attorney created by instruments executed after the thirty-first day of December, eighteen hundred and eighty-two.

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