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1. Parties: Identification of the Trust, Trustees, and the proposed Authorized Signatory
2. Background: Context of the trust arrangement and reason for appointing the authorized signatory
3. Definitions: Key terms used in the resolution including 'Trust', 'Trustee', 'Authorized Signatory', and specific terms related to the scope of authority
4. Date and Meeting Details: Information about when and where the resolution was passed
5. Recitals: Formal statements confirming the trust's existence, trustees' authority, and compliance with trust deed
6. Resolution Statement: The formal decision to appoint the authorized signatory
7. Scope of Authority: Detailed description of powers and limitations granted to the authorized signatory
8. Duration of Authority: Period for which the authorization is valid
9. Compliance Requirements: Obligations of the authorized signatory regarding reporting and compliance
10. Execution: Signature blocks for trustees and acknowledgment by the authorized signatory
1. Revocation of Previous Authorities: Section to revoke any previous signatory authorizations, used when replacing existing signatories
2. Multiple Signatory Requirements: Special provisions for when multiple signatures are required, used in cases of high-value transactions
3. Geographical Limitations: Specific territorial restrictions on the signatory's authority, used for international trusts
4. Emergency Provisions: Special powers granted in emergency situations, used when continuity of operations is critical
5. Digital Authorization: Provisions for electronic signatures and digital platforms, used when digital transactions are contemplated
6. Delegation Powers: Authority to sub-delegate certain powers, used in complex organizational structures
1. Schedule 1: Specimen Signatures: Contains specimen signatures of the authorized signatory and any requirements for signature verification
2. Schedule 2: Detailed Powers: Comprehensive list of specific transactions and actions the signatory is authorized to undertake
3. Schedule 3: Transaction Limits: Monetary and transaction limits applicable to the signatory's authority
4. Schedule 4: Compliance Checklist: List of compliance requirements and reporting obligations
5. Appendix A: Required Documentation: List of documents required to be maintained/submitted by the authorized signatory
6. Appendix B: Communication Protocols: Procedures for reporting and communication between the signatory and trustees
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