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Authorization Letter For Cash Assistance Template for Singapore

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Key Requirements PROMPT example:

Authorization Letter For Cash Assistance

"I need an Authorization Letter for Cash Assistance to allow my sister to collect my monthly medical support payment of SGD 2,000 while I'm undergoing treatment overseas from January 2025 to June 2025."

Document background
An Authorization Letter for Cash Assistance is commonly used in Singapore when an individual needs to delegate authority for handling cash-related matters to another person. This might be due to physical absence, illness, or other circumstances preventing direct handling of cash transactions. The document provides legal protection for all parties involved and must comply with Singapore's financial regulations and personal data protection laws. It typically includes the identities of both parties, specific authorization details, validity period, and any conditions or limitations on the authorization. The letter serves as crucial documentation for banks, government agencies, and other institutions to verify the legitimacy of the authorized person's actions.
Suggested Sections

1. Author Information: Full name, NRIC/Passport number, and contact details of the person giving authorization

2. Recipient Information: Full name, NRIC/Passport number, and contact details of the authorized person

3. Purpose Statement: Clear statement of the purpose for cash assistance authorization

4. Authorization Details: Specific amount, frequency, and duration of the cash assistance

5. Date and Validity: Effective date and duration of the authorization

Optional Sections

1. Special Conditions: Any specific conditions or restrictions on the use of funds

2. Revocation Clause: Terms under which the authorization can be revoked

3. Emergency Contact: Additional contact person in case of emergencies

Suggested Schedules

1. Identity Documents: Copies of NRIC/Passport of both parties

2. Proof of Relationship: Documents establishing relationship between parties if relevant

3. Bank Details: Banking information if transfers are involved

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses




















Industries

Currency Act (Chapter 69): Primary legislation governing legal tender and currency matters in Singapore, essential for cash transactions and transfers

AML/CFT Regulations: MAS Notice PSN01 regulations covering anti-money laundering and counter-terrorism financing requirements, including identity verification and transaction monitoring

Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data, including consent requirements and data protection obligations

Contract Law (Amendment) Act 2019: Fundamental legislation covering contract formation, validity requirements, and authorization principles in Singapore

Electronic Transactions Act: Chapter 88 legislation governing electronic transactions and signatures, relevant if the authorization letter is to be executed electronically

Banking Regulations: Relevant banking laws and regulations if the cash assistance involves bank transactions or transfers

Powers of Attorney Act: Legislation governing the creation and execution of powers of attorney for third-party authorization

Common Law Agency Principles: Legal principles regarding agency relationships, delegation of authority, and responsibilities between principal and agent

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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