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Authority To Act Letter
"I need an Authority To Act Letter authorizing our CFO to make financial decisions and execute transactions up to £500,000 on behalf of our UK subsidiary during my six-month sabbatical from January 2025 to June 2025."
1. Date: Current date of the authority letter
2. Parties: Full details of both the authorizing party and the authorized party
3. Scope of Authority: Clear description of what actions are being authorized
4. Duration: Time period for which the authority is valid
5. Signature Blocks: Space for both parties to sign and date
1. Limitations: Any specific restrictions on the authority granted, used when authority needs to be qualified
2. Revocation Clause: Terms for revoking the authority, included for longer-term authorizations
3. Indemnification: Protection clauses for the authorized party, included in high-risk situations
4. Confidentiality: Terms regarding confidential information, included when sensitive information is involved
1. Proof of Identity: Copies of relevant identification documents for both parties
2. Specific Instructions: Detailed instructions or procedures if the authority involves complex actions
3. Related Documents: Any referenced documents or forms that relate to the authority being granted
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