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Third Party Authorization Letter for Austria

Third Party Authorization Letter Template for Austria

A formal legal document governed by Austrian law that grants specific powers and authority to a designated third party to act on behalf of the principal (authorizing party). The document is structured according to Austrian Civil Code requirements and typically requires proper identification of all parties, clear specification of the granted powers, duration of the authorization, and may need notarization depending on its intended use. It serves as a legally binding instrument that enables the authorized party to conduct specified activities or transactions on behalf of the principal, while providing legal protection and clarity for all parties involved.

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Third Party Authorization Letter

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What is a Third Party Authorization Letter?

The Third Party Authorization Letter is a crucial legal instrument under Austrian law that facilitates the delegation of specific powers and responsibilities from one party (the principal) to another (the agent). This document is essential in situations where an individual or entity needs to authorize another party to act on their behalf, whether for business transactions, personal matters, or legal proceedings. The authorization letter must comply with the Austrian Civil Code (ABGB) requirements, particularly sections 1002-1044 governing agency relationships. It should clearly outline the scope of authority, temporal limitations, and specific powers granted. Depending on the nature of the authorization, additional requirements such as notarization or witness signatures may apply. The document serves as a protective measure for all parties involved by clearly defining the parameters of the authorized activities and responsibilities.

What sections should be included in a Third Party Authorization Letter?

1. Date and Place: Current date and place of execution of the authorization letter

2. Authorizing Party Details: Full name, address, and identification details of the person granting the authorization

3. Authorized Party Details: Full name, address, and identification details of the person being authorized

4. Authorization Scope: Clear and specific description of the powers being granted and their limitations

5. Duration: Specific period for which the authorization is valid, including start and end dates if applicable

6. Signature Block: Space for signatures of the authorizing party, including any witness or notary requirements

What sections are optional to include in a Third Party Authorization Letter?

1. Special Powers: Additional specific powers granted for special circumstances (e.g., accessing bank accounts, real estate transactions)

2. Revocation Terms: Specific conditions under which the authorization can be revoked

3. Substitute Authorization: Permission for the authorized party to delegate powers to another person if needed

4. Data Protection Clause: Specific provisions regarding handling of personal data under Austrian Data Protection Act

5. Language Declaration: If the letter is bilingual or needs to be used internationally, a clause specifying the prevailing language

What schedules should be included in a Third Party Authorization Letter?

1. Identity Documents: Copies of official identification documents of both parties

2. Specimen Signature: Sample signature of the authorized party for verification purposes

3. Notarial Certificate: If required, notarial certification of the authorization

4. Translation Certificate: If the document is translated, certified translation and original language version

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Austria

Publisher

Ƶ

Document Type

Letter of Authority

Sector

Banking

Cost

Free to use
Relevant legal definitions




















Clauses




















Relevant Industries

Banking and Financial Services

Real Estate

Healthcare

Legal Services

Insurance

Education

Public Administration

Corporate Services

Retail

Travel and Tourism

Manufacturing

Construction

Relevant Teams

Legal

Compliance

Human Resources

Administration

Operations

Finance

Risk Management

Customer Service

Corporate Secretariat

Business Development

Contract Management

Relevant Roles

Legal Counsel

Corporate Secretary

Compliance Officer

Human Resources Manager

Business Development Manager

Operations Director

Financial Controller

Administrative Assistant

Risk Manager

Customer Service Manager

Property Manager

Banking Officer

Contract Administrator

General Manager

Executive Assistant

Industries






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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