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Declaration Of Authorization
"I need a Declaration of Authorization to allow my business partner to manage our Singapore company's bank accounts and sign contracts while I'm overseas from March 2025 to December 2025, with specific limitations on transaction amounts above SGD 50,000."
1. Declarant Details: Full name, identification, address of person making declaration
2. Purpose: Clear statement of the purpose of the authorization
3. Scope of Authority: Specific powers being granted
4. Duration: Period for which authorization is valid
5. Declaration Statement: Formal statement of authorization
6. Execution: Signature block and witnessing details
1. Revocation Clause: Terms for revoking the authorization, used when revocation might be needed
2. Indemnity Clause: Protection for authorized person, used in high-risk authorizations
3. Governing Law: Explicitly stating applicable law, used in cross-border situations
1. Schedule of Authorized Acts: Detailed list of specific actions authorized
2. Identity Documents: Copies of relevant identification documents
3. Supporting Documents: Any additional documents supporting the authorization
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