¶¶Òõ¶ÌÊÓƵ

A Transfer Of Power Of Attorney Letter is essential when an existing attorney needs to transfer their powers to another person in South Africa. This typically occurs when the original attorney is no longer able to fulfill their duties due to relocation, illness, or other circumstances. The document must comply with South African legal requirements, particularly the Powers of Attorney Act 32 of 1941, and should clearly outline the transfer of authority, responsibilities, and any limitations. It serves as a crucial link between the original power of attorney and the new arrangement, ensuring continuity in the principal's legal representation. The document includes detailed identification of all parties, specific powers being transferred, effective dates, and necessary declarations to maintain legal validity.

1. Date and Place: Current date and location where the letter is executed

2. Original Attorney Details: Full name, ID number, and contact details of the current attorney transferring their power

3. Principal Details: Full name, ID number, and contact details of the principal who granted the original power of attorney

4. New Attorney Details: Full name, ID number, and contact details of the person to whom the power of attorney is being transferred

5. Reference to Original Power: Details and date of the original power of attorney document being transferred

6. Scope of Powers: Clear description of the powers being transferred, matching exactly with the original power of attorney

7. Transfer Declaration: Formal statement of transfer of powers from current attorney to new attorney

8. Effective Date: Specific date when the transfer becomes effective

9. Acceptance Statement: Statement by the new attorney accepting the appointment and responsibilities