The Agent Authorization Letter is a fundamental legal instrument in Hong Kong's business and personal affairs landscape. This document is essential when an individual or entity (the principal) needs to delegate authority to another party (the agent) to act on their behalf. Commonly used in situations ranging from business transactions to personal matters, the Agent Authorization Letter must comply with Hong Kong's legal requirements, particularly the Powers of Attorney Ordinance (Cap. 31). It's crucial for scenarios where the principal cannot be physically present or wishes to delegate specific responsibilities. The document typically specifies the scope of authority, duration, and any limitations on the agent's powers, providing legal certainty and protection for all parties involved, including third parties who rely on the agent's authority.
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1. Date: Current date of the authorization letter
2. Principal's Details: Full name, address, and identification details of the person/entity granting the authorization
3. Agent's Details: Full name, address, and identification details of the appointed agent
4. Scope of Authority: Clear and specific description of the powers being granted to the agent
5. Duration: Period for which the authorization is valid, including start date and end date if applicable
6. Signature Block: Space for principal's signature, witness signatures if required, and date of execution
1. Specific Restrictions: Any limitations or restrictions on the agent's authority, used when the principal wants to set clear boundaries
2. Revocation Clause: Specific conditions under which the authorization can be revoked, included when the principal wants to specify termination conditions
3. Successor Agent: Appointment of a backup agent, used when continuity of agency is critical
4. Indemnification: Protection clauses for the agent, included when dealing with high-risk activities
5. Governing Law Statement: Explicit statement of applicable law, included for cross-border activities
6. Chinese Translation: Parallel Chinese text, included when the letter will be used in Chinese-speaking contexts
1. Schedule of Authorized Activities: Detailed list of specific tasks or transactions the agent is authorized to perform
2. Schedule of Assets: List of specific properties or assets covered by the authorization, if applicable
3. Identity Documents: Copies of relevant identification documents of principal and agent
4. Required Forms: Any statutory forms required by Hong Kong law for specific types of agency
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