(a)An attorney-in-fact is authorised to make on behalf of the grantor any decision in connection with the matters covered by the power of attorney that the grantor would have been authorised to make, and to perform on behalf of the grantor any act in connection with those matters that the grantor would have been entitled to perform, except for an act that by its nature or by law must be performed personally, and he may also receive information that the grantor is entitled to receive in connection with the matters covered by the power of attorney, all subject to the provisions that the grantor has stipulated in the power of attorney and to the directions of the court as referred to in section 32aa.
(b)Without prejudice to the provisions of subsection (a), an attorney-in-fact shall not be authorised to perform the following acts on behalf of the grantor:
(1)conversion of religion;
(2)making decisions or performing acts that the grantor was authorised to do on behalf of another person or by virtue of being a parent or guardian;
(3)giving consent to the placement of a child for adoption;
(4)participation in elections;
(5)any act or expression of wish that a patient, his attorney-in-fact or his guardian are entitled or authorised to perform or express, pursuant to the Dying Patient Law, 5766-2005;
(6)drawing up a will, or designating beneficiaries in respect of amounts payable upon a person's death pursuant to section 147 of the Succession Law, 5725-1965.
(c)Notwithstanding the provisions of subsection (a), an attorney-in-fact shall not be authorised to perform on behalf of the grantor any of the acts listed below unless he has been expressly authorised to do so in the power of attorney:
(1)(a)making donations, except to a person expressly designated in the power of attorney and in the amount designated therein, provided that the aggregate amount does not exceed NIS 100,000;
(b)giving gifts, except to a person expressly designated in the power of attorney and at a value set by the grantor, provided that the aggregate amount does not exceed NIS 100,000, all except for gifts that are customary in the circumstances of the matter;
(c)giving loans, except to a person expressly designated in the power of attorney and in the amount designated therein, provided that the aggregate amount does not exceed NIS 100,000;
(d)another legal act or several interrelated legal acts, including several acts connected with a single transaction, whose total value exceeds NIS 100,000 but does not exceed NIS 500,000;
(e)performing acts in a pension product, as defined in the Supervision of Financial Services (Pension Counselling, Marketing and Clearing System) Law, 5765-2005 (in this Law — pension product), except for —
(1)submitting a request to receive a pension upon reaching retirement age pursuant to section 3 of the Retirement Age Law, 5764-2004;
(2)withdrawal of funds from a training fund that is not contrary to the provisions under section 23 of the Supervision of Financial Services (Provident Funds) Law, 5765-2005;
(3)withdrawal of funds from a provident fund for compensation benefits designated by the Minister of Justice by Order, in consultation with the Minister of Finance, that is not contrary to the provisions under section 23 of the Supervision of Financial Services (Provident Funds) Law, 5765-2005;
(2)(a)giving consent to a psychiatric examination, psychiatric treatment or hospitalisation, all in a hospital as defined in the Treatment of Mentally Ill Persons Law, 5751-1991, or to discharge from such hospitalisation, under conditions stipulated by the grantor;
(b)the consent of an attorney-in-fact pursuant to this paragraph shall not be valid if, at the time the consent was requested, the grantor objects to the examination, treatment or hospitalisation, unless the continuing power of attorney in this regard was also signed before a psychiatrist and the grantor expressly authorised the attorney-in-fact to give consent notwithstanding his objection;
(c)a continuing power of attorney pursuant to sub-paragraph (b) shall not be signed except after a psychiatrist as aforesaid has explained to the grantor the meaning of such consent and its consequences and has satisfied himself that the grantor understood the matters and that the power of attorney was granted with free and voluntary consent, without pressure or undue influence being exerted on the grantor and without exploitation of his distress or weakness;
(d)the consent of the attorney-in-fact in the case of an objection as referred to in sub-paragraph (b) shall not be valid for hospitalisation exceeding 48 hours or if at that time the grantor is capable of giving informed consent.
(d)Notwithstanding the provisions of subsection (a), an attorney-in-fact shall not be authorised to perform on behalf of the grantor any of the legal acts listed below without prior approval having been given pursuant to the provisions of section 74a:
(1)transfer, charge (security interest), division or liquidation of an agricultural, industrial, craft or commercial unit, or of an apartment;
(2)a transaction in real property, except for the letting of an asset for a period not exceeding five years to which the Tenant Protection Law [Consolidated Version], 5732-1972, does not apply;
(3)assignment or charge (security interest) of a right to acquire a right in real property;
(4)a letting to which the Tenant Protection Law [Consolidated Version], 5732-1972, applies;
(5)renunciation of a share or portion in an estate, or transfer or charge (security interest) of a share or portion in an estate;
(6)making a donation in an amount exceeding the amount stipulated in the power of attorney or in an amount exceeding NIS 100,000 in the aggregate, whichever is lower, all provided that the grantor's express authorisation has been given;
(7)giving a gift that is not customary in the circumstances of the matter; and if express authorisation has been given — a gift as aforesaid in an amount exceeding the amount stipulated in the power of attorney or in an amount exceeding NIS 100,000 in the aggregate, whichever is lower;
(8)another legal act, including several acts connected with a single transaction, whose value exceeds NIS 500,000, or NIS 100,000 — if express authorisation as referred to in subsection (c) has not been given;
(9)withdrawal of funds from a provident fund contrary to the provisions under section 23 of the Supervision of Financial Services (Provident Funds) Law, 5765-2005, as within the meaning of section 87(a)?(2) of the Income Tax Ordinance, their transfer to another, their charge (security interest) or their attachment pursuant to section 25 of that Law;
(10)giving a guarantee or giving a loan; and if express authorisation to give a loan has been given — in an amount exceeding the amount stipulated in the power of attorney or in an amount exceeding NIS 100,000, whichever is lower;
(11)an undertaking to perform any of the acts listed in paragraphs (1) to (10).
(d1)The Minister, with the approval of the Constitution, Law and Justice Committee of the Knesset, may prescribe categories of assets of the grantor, categories of acts in respect of assets of the grantor or other circumstances, in relation to which the attorney-in-fact shall be authorised to perform on behalf of the grantor a legal act from among the acts listed in subsection (d), without such act requiring approval pursuant to the provisions of the said subsection.
(e)(1)Without prejudice to the provisions of subsection (a), the powers vested in a guardian pursuant to the list of enactments set out in the Second Schedule shall also be vested in an attorney-in-fact, with the necessary modifications and subject to the conditions to be prescribed in that Schedule, provided that the same power is included in the matters entrusted to the attorney-in-fact in the continuing power of attorney, and subject to the provisions stipulated in the continuing power of attorney;
(2)The Minister, after consultation with the Minister responsible for the implementation of an enactment and with the approval of the Constitution, Law and Justice Committee of the Knesset, may amend, by Order, the Second Schedule.
(e1)Without prejudice to the provisions of subsection (a), the provisions of section 47a with respect to a guardian shall also apply to an attorney-in-fact.
(f)Notwithstanding the provisions of sections 5 and 16 of the Agency Law, an attorney-in-fact shall be authorised to appoint an agent for the purpose of representing the grantor in legal proceedings, and with regard to property matters — he shall be authorised to appoint an agent to exercise powers from among the powers conferred upon him in the power of attorney, all subject to the provisions stipulated by the grantor in the power of attorney and to the directions of the court as referred to in sections 32aa and 32ab; however, an attorney-in-fact shall not be authorised to appoint another attorney-in-fact pursuant to the provisions of this Chapter.
(g)The provisions of section 48 shall apply, with the necessary modifications, with respect to a legal act between the grantor and the attorney-in-fact, his spouse or his relatives, and with respect to a legal act between two grantors who have appointed the same attorney-in-fact; however —
(1)if both grantors have expressly authorised the attorney-in-fact in the power of attorney to represent them in a legal act between them, the attorney-in-fact is authorised to represent them even without approval as referred to in that section;
(2)the attorney-in-fact is authorised to represent the grantor in respect of an act between them, without approval as referred to in that section, if the attorney-in-fact is a relative of the grantor and maintains a joint household with him and the grantor has expressly authorised him with respect to an act connected with the day-to-day management of the joint household.