A Guide on Drafting Power of attorney in Tanzania.

What is power of attorney?

Power of Attorney (POA) is a legal document that grants one person (known as the “principal” or “grantor”) the authority to act on behalf of another person (known as the “agent” or “attorney-in-fact”) in financial, legal, or other specified matters. This authorization can be broad or limited, depending on the terms outlined in the document.

here is Sample of power of attorney in Tanzania, here is how is drafted.

POWER OF ATTORNEY
KNOW ALL PERSONS WHOM IT MAY CONCERN

BY THIS POWER OF ATTORNEY given on this………. day of………………,
…………… I, the undersigned, …………………………of, …………………………do hereby ordain, nominate and appoint ……………………..of …………………………..to be my true lawful ATTORNEY and AGENT for my account and benefit.

Further, I appoint him to be my true and lawful ATTORNEY for and on my behalf to ask, demand, due for and recover, of and from all persons whomsoever, all such sum or sums of money which now are, or shall, or may at any time hereinafter become due, owing, payable or belonging to me;

Also, for me and in my name to settle and adjust accounts as he shall think fit and proper and for that purpose to operate my bank accounts and to manage and transact all my affairs in the United Republic of Tanzania and any other part of the world as may be necessary or most to my benefit and advantage, and to use all lawful ways and means thereto as fully and effectively to all intents and purposes as I might or could do if personally present and acting;

And further, that my said ATTORNEY is hereby vested with full power and authority to substitute and appoint one more Advocate or Advocates to represent me in any law suit, transaction or negotiation, to, remunerate him or them accordingly and to confirm all and whatsoever my said advocate (s) shall lawfully do on cause to be done for and on my behalf by virtue of these presents.
And this Power of Attorney hereby granted shall not be revoked except by way of a similar instrument revoking the same.

IN WITNESS WHEREOF I have hereunto set my hand and seal on this ………… day
of ……………………, …………..

SIGNED and DELIVERED by the )
said ……………………. who )

has been identified to me by )
……………………………….. ) ……..…………
the latter being personally known ) DEPONENT
to me in my presence this ………. )
day of ………….., …….. )

WITNESSED BY AND IN THE PRESENCE OF
………………………………………………………………
NOTARY PUBLIC AND COMMISSIONER FOR OATHS.

What are types of power of attorney?

There are different types of power of attorney, Today i will guide you in four types of power Attorney as follws:

General Power of Attorney: This type of POA grants broad powers to the agent to manage various affairs on behalf of the principal. It typically remains in effect until the principal revokes it or becomes incapacitated.its called a long term power.

Limited or Specific Power of Attorney: This form of POA gives the agent the authority to perform specific tasks or make particular decisions on behalf of the principal. It is often used for a single transaction or a limited period.

Durable Power of Attorney: A durable power of attorney remains valid even if the principal becomes incapacitated or mentally incompetent. This type of POA is essential for long-term planning to ensure continuity in decision-making.

Springing Power of Attorney: This type “springs” into effect only when a specific event or condition mentioned in the document occurs. For example, it may become active upon the principal’s incapacitation.

Why power of attorney?

here are some reasons for principal engaged attorney;

on the terms outlined in the document.

The principal may choose to grant the power of attorney for various reasons, such as when they are unable to manage their affairs due to illness, absence, or other circumstances.

Conclusion.

By appointing an agent through a power of attorney, the principal ensures that their financial and personal matters can still be handled in their best interest.