This section applies if—
and in this section references to revoking the power include revoking the instrument.
P may, at any time when he has capacity to do so, revoke the power.
P's bankruptcy, or the making of a debt relief order (under Part 7A of the Insolvency Act 1986) in respect of P, revokes the power so far as it relates to P's property and affairs.
But where P is bankrupt merely because an interim bankruptcy restrictions order has effect in respect of himor where P is subject to an interim debt relief restrictions order (under Schedule 4ZB of the Insolvency Act 1986), the power is suspended, so far as it relates to P's property and affairs, for so long as the order has effect.
The occurrence in relation to a donee of an event mentioned in subsection (6)—
The events are—
The cases are—
The bankruptcy of a doneeor the making of a debt relief order (under Part 7A of the Insolvency Act 1986) in respect of a donee does not terminate his appointment, or revoke the power, in so far as his authority relates to P's personal welfare.
Where the donee is bankrupt merely because an interim bankruptcy restrictions order has effect in respect of himor where the donee is subject to an interim debt relief restrictions order (under Schedule 4ZB of the Insolvency Act 1986),, his appointment and the power are suspended, so far as they relate to P's property and affairs, for so long as the order has effect.
Where the donee is one of two or more appointed to act jointly and severally under the power in respect of any matter, the reference in subsection (9) to the suspension of the power is to its suspension in so far as it relates to that donee.
The dissolution or annulment of a marriage or civil partnership does not terminate the appointment of a donee, or revoke the power, if the instrument provided that it was not to do so.