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Financial ServicesMANDATE TO ACT AS AGENT FOR CREDIT PROVIDER IN TERMS OF SECTION 163(2)Definitions1 1.1In this mandate: \” accredited person\” a person who has passed the examination on the National Credit
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Mandate to act as is a legal document that authorizes an individual to act on behalf of another person or organization.
Any individual or organization that needs someone else to act on their behalf may be required to file a mandate to act as.
Mandate to act as can typically be filled out by providing information about the person or organization granting the authority, the person or organization receiving the authority, and the specific actions allowed.
The purpose of mandate to act as is to legally authorize someone to act on behalf of another party in certain situations.
The mandate to act as must include information about the parties involved, the scope of authority granted, and any limitations or conditions.
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