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Cancellation Of Authorization Letter for Philippines

Cancellation Of Authorization Letter Template for Philippines

A formal document governed by Philippine law that officially revokes and terminates a previously granted authorization or power of attorney. This document serves as a legal instrument to cease the authority given to an individual or entity to act on behalf of the principal. It must comply with the Civil Code of the Philippines, particularly provisions relating to agency relationships and their termination. The document typically requires proper notarization under Philippine notarial laws to ensure its validity and enforceability. It includes specific details about the original authorization, the parties involved, the effective date of cancellation, and any transitional arrangements if necessary.

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Cancellation Of Authorization Letter

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What is a Cancellation Of Authorization Letter?

The Cancellation Of Authorization Letter is a crucial legal document used in the Philippines when a principal needs to formally terminate the authority previously granted to another party. This document is essential in various situations, such as when a company wants to revoke an agent's authority to represent them, when an individual wishes to terminate a power of attorney, or when changing authorized signatories in business dealings. The document must comply with Philippine Civil Code requirements, particularly Articles 1868-1877 regarding agency relationships and Article 1924 concerning revocation of authority. It should clearly identify the original authorization being cancelled, state the effective date of cancellation, and include any specific instructions regarding the cessation of authority. The document typically requires notarization under Philippine law to ensure its legal validity and may need to be registered with relevant authorities depending on the nature of the original authorization.

What sections should be included in a Cancellation Of Authorization Letter?

1. Letter Header and Date: Complete contact information of the sender and recipient, including full names, addresses, and the current date

2. Subject Line: Clear indication that this is a Cancellation of Authorization Letter with reference numbers if applicable

3. Original Authorization Reference: Details of the original authorization being cancelled, including its date, purpose, and any reference numbers

4. Clear Statement of Cancellation: Explicit declaration of the cancellation of authority, specifying the scope of cancellation

5. Effective Date: Specific date when the cancellation takes effect

6. Return of Materials: Request for return of any relevant documents, materials, or credentials provided under the original authorization

7. Signature Block: Space for signature, printed name, and title of the person authorized to cancel the authorization

What sections are optional to include in a Cancellation Of Authorization Letter?

1. Reason for Cancellation: Explanation of why the authorization is being cancelled - include when transparency is important or when required by the original agreement

2. Transitional Arrangements: Details of any transitional period or handover requirements - include when there are ongoing matters that need to be addressed

3. Acknowledgment Request: Request for written acknowledgment of the cancellation - include when formal confirmation of receipt is important

4. Corporate Resolution Reference: Reference to corporate resolution authorizing the cancellation - include when dealing with corporate authorizations

5. Indemnification Statement: Statement regarding liability for actions taken after cancellation - include when there are significant risk concerns

What schedules should be included in a Cancellation Of Authorization Letter?

1. Original Authorization: Copy of the original authorization letter being cancelled

2. Corporate Resolution: If applicable, copy of the corporate resolution authorizing the cancellation

3. Handover Checklist: List of items, documents, or credentials to be returned or transferred

4. Proof of Authority: Documentation proving the authority of the person signing the cancellation letter

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

Philippines

Publisher

Ƶ

Document Type

Cancellation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions




















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Banking and Financial Services

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