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The Company Authorization Letter is a crucial corporate document in South African business practice, used when a company needs to formally delegate authority to specific individuals or entities. This document type is particularly important in situations where representatives need to act on behalf of the company, such as signing contracts, accessing bank accounts, or dealing with government authorities. The letter must be drafted in accordance with South African corporate law, particularly the Companies Act 71 of 2008, and should clearly specify the scope of authority, duration, and any limitations. It serves as legal evidence of the delegation and may require certification depending on its use. Common applications include authorizing employees for banking transactions, empowering representatives for tender submissions, or granting authority for regulatory filings.

1. Company Letter Head: Official company letterhead including company name, registration number, and contact details

2. Date and Reference: Current date and reference number for tracking purposes

3. Recipient Details: Full name and address of the party to whom the authorization letter is addressed (To Whom It May Concern if general)

4. Subject Line: Clear indication that this is an authorization letter

5. Company Details: Full legal name of the company, registration number, and registered address

6. Authorized Person Details: Full name, ID number, and position of the person being authorized

7. Scope of Authority: Detailed description of the specific powers and actions being authorized

8. Duration of Authority: Specific timeframe for which the authorization is valid

9. Authorization Statement: Formal statement confirming the delegation of authority

10. Signatory Details: Name, position, and signature of the authorized company representative granting the authority