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Appointment of an authorised representative (agent or attorney) – terms and conditions

You agree to the following terms and conditions when appointing an authorised representative (agent or attorney):

  • To nominate an authorised representative (agent or attorney) to operate your investment account, you must provide to us an original and complete Operating Authority Form or valid power of attorney document.
  • A valid power of attorney document is an original document or a certified copy of that document that looks ‘on its face’ to be a complete power of attorney given by you. A certified copy must have an original signature of an Authorised Certifier – i.e. a person permitted by Australian law to witness a statutory declaration.* The Authorised Certifier is required to: check that the copy is a true and complete copy of the original document; certify this by writing and signing a statement on front of the copy – ‘I [name] [occupation] certify this to be a true and complete copy of the original [name document]’; and sign each page of the copy.
  • You warrant that your nominated authorised representative (agent or attorney) is older than 18 years of age and is not a financial adviser.
  • You acknowledge and agree that you are bound by all acts of your authorised representative (agent or attorney), including: signing or otherwise authorising an application to invest; preparing, signing and lodging or otherwise communicating a request to withdraw an investment; directing payment of any amount representing distributions, withdrawal proceeds or otherwise, to you or to any other person; obtaining information about your investment; directing Platinum to send all notices, cheques, reports and other material to the authorised representative on your behalf; or changing your investment account details.
  • The exercise of any of the powers by a person reasonably believed by Platinum to be your authorised representative (agent or attorney) or authorised to act on behalf of the authorised representative (in the case of an entity appointed as your authorised representative), will be treated as if you had personally exercised those powers.
  • Your authorised representative (agent or attorney) does not have the power to appoint another or different authorised representative (agent or attorney) to act on your behalf.
  • You indemnify us from and against all losses, liabilities, actions, proceedings, claims and demands arising from instructions (we receive) from your authorised representative (agent or attorney) whether or not your authorised representative (agent or attorney) was acting as authorised by you.
  • We reserve the right not to accept an instruction from your authorised representative (agent or attorney).
  • You will provide us with an original signed instruction to cancel your appointment of an authorised representative (agent or attorney).
  • An additional appointment by you will void any previously appointed authorised representative (agent or attorney).
* Please refer here for a list of person who are authorised to certify documents