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1. Date and Parties: Clear identification of the grantor (person giving authority) and grantee (person receiving authority), including full legal names, addresses, and any relevant registration numbers
2. Declaration of Authority: Clear statement that this is an irrevocable letter of authority, establishing the binding nature of the document
3. Scope of Authority: Detailed description of the specific powers, rights, and authorities being granted, including any limitations or conditions
4. Duration: Specification of the time period for which the authority is granted, including start date and any end date if applicable
5. Irrevocability Clause: Express statement of the irrevocable nature of the authority and the impossibility of withdrawal without the grantee's consent
6. Governing Law: Statement that the letter is governed by Australian law and specification of relevant state jurisdiction
7. Execution Block: Formal signature section including witness requirements and date of execution
1. Consideration: Details of any consideration provided in exchange for the authority, used when there is a specific payment or value exchange
2. Indemnification: Provisions protecting the grantee when acting under the authority, used in high-risk or complex authorization scenarios
3. Third Party Instructions: Specific instructions for third parties (e.g., banks, government agencies) who will rely on the authority, used when specific institutions need to be addressed
4. Dispute Resolution: Procedures for handling disputes, recommended when complex or high-value matters are involved
5. Notices: Communication procedures between parties, needed when ongoing communication is expected
6. Succession: Provisions regarding what happens in case of death or incapacity, used when long-term or estate-related matters are involved
1. Schedule A - Specific Powers: Detailed list of specific powers and authorities being granted, used when the scope is complex or extensive
2. Schedule B - Required Forms: Any specific forms or documents that need to be used in exercising the authority
3. Appendix 1 - Identity Documentation: Copies of identification documents for the grantor and grantee
4. Appendix 2 - Institution-Specific Requirements: Any specific requirements or forms required by institutions (e.g., banks) that will rely on the authority
Banking and Financial Services
Legal Services
Real Estate
Corporate Services
Investment Management
Insurance
Property Development
Asset Management
Government and Public Sector
Professional Services
Legal
Finance
Compliance
Risk Management
Corporate Services
Operations
Treasury
Customer Relations
Business Development
Investment
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Company Secretary
Finance Manager
Compliance Officer
Risk Manager
Property Manager
Investment Manager
Bank Manager
Corporate Lawyer
Business Development Manager
Operations Director
Treasury Manager
Account Manager
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