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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

can
sometimes
arise
from
the
relationship
or
circumstances.
In
many
cases,
certain
acts
require
written
authorization.
The
principal
may
revoke
the
authorization
at
any
time,
subject
to
any
agreed
terms,
and
the
authority
usually
ends
upon
termination
of
the
mandate,
revocation,
or
the
principal’s
death
or
incapacity.
avoid
conflicts
of
interest.
They
must
keep
the
principal
informed
about
relevant
developments.
If
the
machtigde
exceeds
the
authorized
scope,
the
principal
is
typically
not
bound
by
those
acts,
and
the
gemachtigde
may
bear
personal
liability
for
damages
or
for
acting
outside
the
mandate.
contracts,
or
a
lawyer
or
other
professional
acting
as
a
representative
under
the
client’s
mandate.
The
concept
emphasizes
representation
and
accountability
in
acts
performed
for
another.