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Third Party Authorization Form for Austria

Third Party Authorization Form Template for Austria

A Third Party Authorization Form under Austrian law is a formal legal document that enables one party (the principal) to grant specific powers and authority to another party (the authorized representative) to act on their behalf. The document, governed by the Austrian Civil Code (ABGB) and related legislation, clearly outlines the scope of authority, duration, and conditions of the authorization. It includes provisions for representation in specified matters, whether general or specific, and may require notarization depending on its intended use. The form must comply with Austrian legal requirements regarding form, content, and execution, including any necessary witness or notary attestations.

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What is a Third Party Authorization Form?

The Third Party Authorization Form is a crucial legal instrument in Austrian business and personal affairs, used when an individual or entity needs to delegate authority to another party to act on their behalf. This document is particularly relevant when the principal cannot be present for certain transactions or wishes to delegate specific responsibilities. The form must comply with Austrian Civil Code (ABGB) requirements and may need notarization depending on its use. It typically includes detailed information about both parties, specific powers granted, duration of authority, and any limitations or conditions. Common applications include financial transactions, property dealings, healthcare decisions, and business operations. The document's format and content are designed to provide legal certainty while protecting the interests of all parties involved.

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

1. Principal Information: Full legal name, address, and identification details of the person granting the authorization

2. Authorized Representative Information: Full legal name, address, and identification details of the person being authorized

3. Scope of Authorization: Clear and specific description of the powers being granted and any limitations

4. Duration of Authority: Specification of the time period for which the authorization is valid

5. Revocation Rights: Statement of the principal's right to revoke the authorization and the process for doing so

6. Execution: Date and signature blocks for all parties, including any witness or notary requirements

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

1. Substitute Authorization: Section to be included if the authorized representative is permitted to delegate their powers to others

2. Special Powers: Section needed when specific powers beyond general authority are being granted (e.g., real estate transactions, banking)

3. Multiple Representatives: Section required when multiple representatives are being authorized, specifying if they can act individually or jointly

4. Data Protection Consent: Section for GDPR compliance when personal data processing is involved

5. Emergency Provisions: Section specifying conditions under which the authorization becomes effective (e.g., medical incapacity)

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

1. Schedule A - Specific Powers: Detailed list of specific actions and transactions the representative is authorized to perform

2. Schedule B - Authorized Accounts/Properties: List of specific accounts, properties, or assets covered by the authorization

3. Appendix 1 - Required Identification Documents: Copies of identification documents for all parties

4. Appendix 2 - Specimen Signatures: Sample signatures of the authorized representative for verification purposes

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

Authorization Form

Cost

Free to use
Relevant legal definitions




















Clauses




















Relevant Industries

Banking and Financial Services

Healthcare

Real Estate

Legal Services

Insurance

Education

Corporate Services

Public Administration

Professional Services

Retail and Commerce

Relevant Teams

Legal

Compliance

Human Resources

Administrative Services

Risk Management

Operations

Corporate Secretariat

Customer Service

Financial Control

Business Development

Relevant Roles

Legal Counsel

Compliance Officer

Administrative Manager

Human Resources Director

Corporate Secretary

Risk Manager

Operations Manager

Financial Controller

Business Development Manager

Customer Service Manager

Property Manager

Healthcare Administrator

Bank Branch Manager

Insurance Agent

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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