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Declaration Of Authorisation
"I need a Declaration of Authorization to allow my finance director to make investment decisions and execute transactions on behalf of the company while I'm on sabbatical from March 2025 to September 2025, with a limit of £500,000 per transaction."
1. Declarant Details: Full name, address, and capacity of person making declaration
2. Authority Granted: Clear statement of powers being authorized
3. Scope of Authority: Specific limits and extent of authorization
4. Duration: Time period for which authorization is valid
5. Execution: Signature block and witnessing requirements
1. Revocation Provisions: Terms for withdrawing authorization, used when long-term authority is granted
2. Indemnification: Protection clauses for authorized parties, used in complex authorizations
3. Substitute Authorization: Right to delegate authority further, used when flexibility needed
1. Schedule of Specific Powers: Detailed list of authorized actions or decisions
2. Identity Documents: Copies of identification documents of declarant
3. Corporate Resolution: If authorization is corporate, board resolution approving authorization
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