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Direct Authorization Form

Direct Authorization Form Template for Belgium

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Key Requirements PROMPT example:

Direct Authorization Form

"I need a Direct Authorization Form under Belgian law to allow my financial advisor to manage my investment portfolio and make trading decisions on my behalf from January 1, 2025, to December 31, 2025, with a maximum transaction limit of €50,000 per trade."

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Document background
The Direct Authorization Form is a crucial legal instrument in Belgian business and personal affairs, used when one party needs to formally delegate authority to another. This document is particularly relevant in situations requiring clear documentation of delegated powers, whether for financial transactions, legal representations, or administrative actions. Under Belgian law, such authorizations must comply with the Civil Code, data protection regulations, and sector-specific requirements. The form typically includes detailed identification of parties, specific scope of authorized actions, duration of authority, and revocation procedures. It's essential in various contexts, from banking transactions to healthcare decisions, and must be drafted to ensure enforceability under Belgian jurisdiction while meeting EU regulatory requirements, particularly regarding data protection and privacy.
Suggested Sections

1. Identification of Parties: Details of the authorizing party (grantor) and the party being authorized (grantee), including full legal names, addresses, and any relevant registration numbers

2. Authorization Declaration: Clear statement of the authorization being granted, including its purpose and scope

3. Duration of Authorization: Specific timeframe for which the authorization is valid, including start date and end date or conditions for termination

4. Data Protection Notice: GDPR-compliant statement about how personal data will be processed, stored, and protected

5. Rights and Obligations: Statement of the rights granted to the authorized party and any limitations or obligations

6. Revocation Clause: Information on how and when the authorization can be revoked

7. Execution: Date and signature blocks for all parties, including any witness requirements

Optional Sections

1. Financial Details: Required when authorization involves financial transactions, including account numbers and transaction limits

2. Third Party Authorization: Include when the grantee needs the right to delegate authority to others

3. Special Instructions: Any specific conditions or instructions for exercising the authorization

4. Emergency Provisions: Include when authorization needs to address emergency situations

5. Electronic Communication Consent: Required when parties agree to use electronic communications for authorization-related matters

6. Language Declaration: Required in Belgium when parties choose a specific language for the document interpretation

Suggested Schedules

1. Scope of Authorization Details: Detailed list of specific actions or powers being authorized

2. Identity Verification Documents: Copies of identification documents for all parties

3. Specific Transaction Details: If applicable, details of specific transactions or actions being authorized

4. Required Forms: Any additional forms required by specific institutions (banks, government agencies, etc.)

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Banking and Financial Services

Healthcare

Legal Services

Real Estate

Insurance

Corporate Services

Public Administration

Education

Telecommunications

Retail

Professional Services

Transportation and Logistics

Relevant Teams

Legal

Compliance

Risk Management

Human Resources

Operations

Finance

Administration

Corporate Secretariat

Procurement

Contract Management

Relevant Roles

Legal Counsel

Compliance Officer

Risk Manager

Corporate Secretary

HR Director

Operations Manager

Financial Controller

Account Manager

Administrative Director

Company Director

Procurement Manager

Contract Administrator

Legal Administrator

Privacy Officer

Department Head

Industries
Belgian Civil Code (Code Civil/Burgerlijk Wetboek): Fundamental provisions governing contracts, representations, and authorizations under Belgian law
Belgian GDPR Implementation Law of 30 July 2018: National law implementing GDPR requirements for processing personal data in Belgium
EU General Data Protection Regulation (GDPR): European regulation governing the processing of personal data, including consent requirements
Belgian Electronic Signatures Law (eIDAS implementation): Law governing the validity and use of electronic signatures in Belgium, implementing EU eIDAS Regulation
Belgian Code of Economic Law (Code de droit économique/Wetboek van economisch recht): Contains provisions on consumer protection and business practices in Belgium
Payment Services Directive 2 (PSD2) Belgian Implementation: Regulations regarding payment authorizations and financial services if the form involves payment processing
Belgian Anti-Money Laundering Law of 18 September 2017: Relevant if the authorization involves financial transactions requiring customer due diligence
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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