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Authorization Letter For Proxy Template for Belgium

A Belgian Authorization Letter for Proxy is a formal document that enables one party (the principal) to delegate specific powers and authority to another party (the proxy holder) to act on their behalf. Governed by Belgian civil law, particularly Articles 1984-2010 of the Belgian Civil Code, this document specifies the scope of authority, duration, and conditions under which the proxy holder may act. The document must comply with Belgian legal requirements regarding form, content, and authentication, especially when used for significant legal or financial matters. It can be used for both personal and business purposes, with specific formalities required depending on the nature of the authority being granted.

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What is a Authorization Letter For Proxy?

An Authorization Letter For Proxy is a crucial legal instrument in Belgian law that facilitates representation in various personal and business matters. This document is commonly used when an individual or entity needs someone else to act on their behalf, whether for a specific transaction or for a broader range of activities. The letter must comply with Belgian legal requirements, including relevant provisions of the Belgian Civil Code and, where applicable, the Belgian Company Code. It typically includes detailed information about both parties, specific powers being granted, duration of the authority, and any limitations or conditions. The document becomes particularly important in situations involving international business transactions, property dealings, or when the principal is unable to be physically present for important matters. The format and content requirements may vary depending on whether the proxy is for private, corporate, or administrative purposes, with some situations requiring notarial intervention for validity.

What sections should be included in a Authorization Letter For Proxy?

1. Date and Place: Current date and location where the letter is being executed

2. Principal's Details: Full name, address, and identification details of the person granting the proxy

3. Proxy Holder's Details: Full name, address, and identification details of the person being appointed as proxy

4. Purpose Statement: Clear statement of the intent to authorize the proxy holder to act on principal's behalf

5. Scope of Authority: Detailed description of the powers and authority being granted to the proxy holder

6. Duration: Specific period for which the authorization is valid

7. Principal's Declaration: Statement confirming the principal's sound mind and voluntary action

8. Execution Block: Space for signatures, with provisions for witnessing or notarization as required

What sections are optional to include in a Authorization Letter For Proxy?

1. Revocation of Prior Proxies: Section to revoke any previous proxy authorizations, used when replacing existing arrangements

2. Substitute Proxy Authority: Permission for the proxy holder to delegate authority to others, if allowed

3. Compensation Terms: Details of any payment or compensation to the proxy holder, if applicable

4. Governing Law Statement: Explicit reference to Belgian law governance, used particularly for international contexts

5. Language Declaration: Statement about the controlling language version if the proxy is issued in multiple languages

What schedules should be included in a Authorization Letter For Proxy?

1. Schedule A - Specific Powers: Detailed list of specific actions and decisions the proxy holder is authorized to make

2. Schedule B - Identification Documents: Copies of identification documents of both principal and proxy holder

3. Schedule C - Special Instructions: Any specific instructions or limitations on the proxy holder's authority

4. Appendix 1 - Authentication Certificate: Notarial certificate or other form of authentication if required

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

Jurisdiction

Belgium

Publisher

Genie AI

Sector

Banking

Cost

Free to use

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