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Transfer Of Authority Letter
"I need a Transfer of Authority Letter to delegate signing authority for financial transactions up to £50,000 to my Finance Director while I'm on sabbatical from March to September 2025."
1. Date and Reference: Current date and any reference numbers
2. Sender Details: Full name, position, and contact details of the person transferring authority
3. Recipient Details: Full name, position, and contact details of the person receiving authority
4. Scope of Authority: Clear description of powers being transferred
5. Duration: Time period for which the authority is valid
6. Signature Block: Space for formal execution of the document
1. Witness Requirements: Required when the transfer involves significant powers or legal requirements demand witnessing
2. Limitations and Restrictions: Specific constraints on the transferred authority
3. Revocation Process: Process for withdrawing the authority
1. Identity Verification Documents: Copies of identification documents for both parties
2. Corporate Authorization Documents: Board resolutions or other corporate approvals if involving companies
3. Specimen Signatures: Sample signatures for verification purposes
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