gemachtigde
Gemachtigde is a term used in Dutch law to describe a person who is empowered to represent another person or organization in legal, administrative, or financial matters. The gemachtigde acts on behalf of the principal and in the principal’s name, within the limits set by the authorization, which is typically established through a volmacht (power of attorney) or mandate. The scope of authority can be restricted to specific acts or be broad enough to cover a range of transactions.
Creation and scope: A gemachtigde’s power is defined by the document or agreement that grants it, and
Duties and liabilities: The gemachtigde must follow the principal’s instructions, act with care and loyalty, and
Contexts: Common examples include a financial or real estate representative, a company employee authorized to sign