If you’re acting under a valid Power of Attorney (PoA), you can sell shares through Unbroker on behalf of someone else — provided the holding is issuer-sponsored and you meet the legal verification requirements.
Unbroker makes this process simple. With our online, one-off sale service, attorneys can sell Australian shares securely without the need for a trading account or full-service broker.
Can I Sell Shares Under a Power of Attorney?
Yes. If the PoA document is current, properly certified, and specifically authorises you to manage financial matters, you can use it to sell shares.
Unbroker regularly helps attorneys acting for:
- Elderly shareholders who no longer manage their affairs
- Family members with delegated authority
- Clients of solicitors and accountants using PoA arrangements
The key is that the PoA must be valid, clear, and legally recognised in the relevant state or territory.
What You’ll Need
To complete a PoA share sale through Unbroker, you’ll need:
- The SRN (Security Reference Number) for the shareholding
- A certified copy of the Power of Attorney document
- 100 points of ID for each registered shareholder or acting attorney
- Recipient bank account details, (depending on the instructions in the PoA)
- The number of shares to be sold
The PoA must explicitly authorise you to deal with the shareholder’s financial assets, and the document must be certified in accordance with Australian legal standards.
What Happens After You Submit?
- Verification (online)
We review the PoA, confirm its validity, and check ID requirements. - Sale execution (same or next business day)
Once approved, shares are sold on-market through ASX systems. - Funds transfer (1 business day after settlement)
Sale proceeds are paid into the nominated bank account after the standard ASX settlement cycle.
Most PoA share sales are finalised within 1-3 business days if documents are in order.
Is It Safe?
Yes. Unbroker is a licensed, secure platform trusted by professionals across the legal and financial industries.
We ensure that:
- PoA documents are reviewed by our compliance team
- Funds are transferred only to accounts authorised under the PoA
- All data and documents are handled under strict privacy and financial regulations
We regularly work with solicitors, accountants, and financial advisers to process PoA share sales efficiently.
Important Notes for PoA Sales
- The POA must be current and valid in the relevant jurisdiction
- The document must authorise financial or share transactions
- In some cases, we may request confirmation from the original certifier or ask for additional supporting documents depending on the holding’s structure
Ready to Sell Shares Under PoA?
If you’re acting as an attorney and need to sell issuer-sponsored shares, Unbroker provides a fast, compliant solution — no trading account, no full-service broker, no delays.
Frequently Asked Questions
Yes — if your shares are issuer-sponsored and registered in your personal name, you can sell them online without opening a trading account. For more information click here.
Yes — shares registered in joint names can be sold online through Unbroker, as long as both shareholders complete the ID verification process.
100 points of ID is a document-based identity check used in Australia. You’ll need to provide certified copies of documents—like a passport, licence, or utility bill—that add up to 100 points. For more information on 100 points of ID click here.
If your shares are issuer-sponsored and you have the SRN, you can sell them quickly online using Unbroker—no trading account required. For more information click here.
Yes — if your shares are issuer-sponsored, you can sell them online through Unbroker without opening a trading account or using a full-service broker.
An SRN identifies shares held directly with a share registry, while a HIN is used for shares held through a broker. Unbroker can only sell shares registered with an SRN. For more, click here.
Yes — if you’re acting as an executor or legal representative for an Estate, you can sell issuer-sponsored shares from through Unbroker by providing the required estate documents and ID. For more information on selling shares belonging to an estate click here.
That’s fine — both shareholders can authorise the funds to be paid into one person's account using a signed authority form provided by Unbroker.
A one-off share sale lets you sell issuer-sponsored shares without opening a trading account or using a full-service broker — perfect for casual or one-time sellers.
Unbroker specialises in one-off share sales — no trading account, no upsells, and no ongoing fees. We're built for people who just want to sell and move on. For a detailed comparison click here.
Most share sales settle within one to three business days — including ID verification, trade execution, and payment. Ubroker offers same-day sale and settlement, enabling you to receive your funds one business day after the sale. For more information on sales and settlement timelines click here.
Yes — if you have your SRN and ID, you can sell issuer-sponsored shares through Unbroker without logging into the registry.
Yes — if the shares are registered in the company’s name, they can be sold through Unbroker with the proper documentation and ASIC verification.
Yes — if the shares are registered in the name of your trust or SMSF, you can sell them through Unbroker by providing the deed, trustee ID, and other required documents.
Yes — if your ESS shares are issuer-sponsored and registered in your name, you can sell them through Unbroker without needing a trading account.
Yes — as an overseas resident, you can sell issuer-sponsored shares through Unbroker by posting original certified ID and a signed authority form.
We’re required by law to verify the identity of each registered shareholder before processing a sale — it helps prevent fraud and ensures compliance with ASIC and anti-money laundering regulations. For more information on ID verification click here.
Your SRN is usually found on a holding statement or letter from the share registry — it’s required to sell issuer-sponsored shares through Unbroker.
Yes — as long as you're using a licensed and compliant provider like Unbroker. We verify all sales, protect your information, and never ask for upfront payments.
Yes — as a parent or legal guardian, you can authorise the sale of shares held by a minor by providing certified ID and signing an authority form.
Yes — as long as your IPO shares are issuer-sponsored and no longer subject to escrow, you can sell them through Unbroker without needing a trading account.
If you’ve lost your holding statement, you’ll need to contact the share registry to request a replacement. Once you have your SRN, you can sell your shares through Unbroker.
Yes — as long as you can provide certified evidence of the name change (e.g. marriage certificate or name change certificate), Unbroker can help process your share sale.
You’ll also need 100 points of ID in your current legal name, along with your SRN.
Yes — you don’t need a TFN to sell your shares through Unbroker.
However, if no TFN is recorded on your shareholding, the registry may withhold tax from any dividends you’ve received. This doesn’t affect the sale itself.
If the shareholder can’t sign, someone else may be authorised to act under a valid Power of Attorney or court order. We’ll need certified documents confirming their authority before we can proceed.
