11.—(1) A lasting power of attorney is a power of attorney under which the donor (“P”) confers on the donee (or donees) authority to make decisions about all or any of the following:
(a)
P’s personal welfare or specified matters concerning P’s personal welfare;
(b)
P’s property and affairs or specified matters concerning P’s property and affairs,
when P no longer has capacity to make such decisions.
(2) A lasting power of attorney is not created unless —
(a)
section 12 is complied with;
(b)
an instrument conferring authority of the kind mentioned in subsection (1) is made and registered in accordance with the First Schedule; and
(c)
at the time when P executes the instrument, P has attained the age of 21 years and has capacity to execute it.
(3) An instrument which —
(a)
purports to create a lasting power of attorney; but
(b)
does not comply with this section, section 12 or the First Schedule,
confers no authority.
(4) The authority conferred by a lasting power of attorney is subject to —
(a)
the provisions of this Act and, in particular, sections 3 (the principles) and 6 (best interests); and
(b)
any conditions or restrictions specified in the instrument.