Akta Surat Kuasa Wakil 1949 (Akta 424) & Akta Wasiat 1959 (Akta 346) (Hingga 5hb September 2022)

AKTA SURAT KUASA WAKIL 1949 (AKTA 424) 

Detailed Contents Of Akta Surat Kuasa Wakil 1949 (Akta 424) :

AKTA SURAT KUASA WAKIL 1949 (AKTA 424):

• Title: The full title is "Akta Surat Kuasa Wakil 1949" in Bahasa Malaysia, which translates to the "Power of Attorney Act 1949" in English.
• Purpose: This Act governs the legal instrument known as a "Power of Attorney" (POA). A Power of Attorney is a legal document that grants one person (the "principal") the authority to act on behalf of another person (the "agent" or "attorney-in-fact") in various financial, legal, or business matters.
• Provisions: The Act outlines the requirements, formalities, and regulations concerning the creation, execution, revocation, and termination of powers of attorney in Malaysia. It also specifies the powers and limitations of the attorney-in-fact and safeguards to protect the interests of the principal.

AKTA WASIAT 1959 (AKTA 346):

• Title: The full title is "Akta Wasiat 1959" in Bahasa Malaysia, which translates to the "Wills Act 1959" in English.
• Purpose: This Act governs the creation, execution, and administration of wills in Malaysia. A will is a legal document that outlines a person's wishes regarding the distribution of their assets and the appointment of guardians for minor children upon their death.
• Provisions: The Act sets forth the legal requirements for creating a valid will, including the capacity to make a will, the formalities of execution, and the revocation or alteration of wills. It also addresses issues related to the appointment of executors and the distribution of the deceased person's estate.

Akta Surat Kuasa Wakil 1949 (Akta 424) Contains: