Letter Of Authorisation For Authorised Signatory Template for England and Wales

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Key Requirements PROMPT example:

Letter Of Authorisation For Authorised Signatory

"I need a Letter of Authorization for Authorized Signatory to allow our Regional Sales Director to sign contracts up to £50,000 in value when dealing with UK-based suppliers, effective from March 1, 2025."

Document background
The Letter of Authorization for Authorized Signatory is essential for organizations operating under English and Welsh law that need to formally delegate signing authority to specific individuals. This document is commonly used when companies need to authorize representatives to sign contracts, financial documents, or legal agreements on their behalf. It includes crucial information such as the scope of authority, duration, and any limitations on the signing powers. The letter helps organizations maintain proper corporate governance while facilitating efficient business operations by clearly documenting who has the authority to bind the organization in various transactions.
Suggested Sections

1. Principal's Details: Full legal name, address, and registration details (if company) of the entity granting authority

2. Signatory's Details: Full name, position, and contact details of the person being authorized

3. Scope of Authority: Clear description of what the signatory is authorized to sign/execute

4. Duration: Period for which the authorization is valid

5. Authentication: Details of how the signatory's authority can be verified

Optional Sections

1. Financial Limits: Maximum monetary value of transactions authorized - include when authority involves financial transactions

2. Geographic Scope: Territorial limits of authority - include for international or multi-jurisdictional operations

3. Substitute Authority: Provisions for delegation or substitute signing authority - include when backup signatories are needed

Suggested Schedules

1. Specimen Signature: Sample of authorized signatory's signature

2. ID Documentation: Copies of signatory's identification documents

3. Corporate Resolution: Board resolution or equivalent authorizing the delegation of authority

Authors

Alex Denne

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

Industries

Companies Act 2006: Primary legislation governing company operations, particularly sections relating to company representation and execution of documents

Powers of Attorney Act 1971: Key legislation governing the creation and execution of powers of attorney in England and Wales

Law of Property (Miscellaneous Provisions) Act 1989: Legislation relevant when the authorization involves property-related transactions

Agency Law Principles: Common law principles governing the relationship between principal and agent, including scope of authority and duties

Authority and Delegation Principles: Common law principles determining how authority can be delegated and the limits of such delegation

Apparent/Ostensible Authority: Common law doctrine concerning situations where a third party reasonably believes an agent has authority to act on behalf of the principal

Financial Services and Markets Act 2000: Regulatory framework relevant when the authorization involves financial services activities

Money Laundering Regulations 2017: Regulations governing verification requirements and anti-money laundering compliance

Articles of Association: Company's constitutional document defining the rules for company governance and authority delegation

Board Resolutions: Corporate governance requirements for formal board approval of authorized signatories

Internal Authority Policies: Company's internal policies and procedures regarding delegation of signing authority

UK GDPR and Data Protection Act 2018: Legislation governing the handling and protection of personal data in authorization documents

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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