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Sunday, July 21, 2019

Draft Format of Authority Letter-For FLAIR System 2019

Draft Format of Authority Letter to be uploaded on FOREIGN LIABILITIES AND ASSETS INFORMATION REPORTING (FLAIR) SYSTEM :

The authority letter is obtained from the reporting company on its letterhead. It should be signed by the appropriate authority. The scan copy (as PDF/JPG) of the same needs to be uploaded.

On Entity’s Letter-Head

AUTHORITY LETTER

Date: xx / xx / xxxx

The

Director                                                                                               

International Investment Position Division (IIPD)

Department of Statistics and Information Management (DSIM)

Bandra Kurla Complex, Bandra (E), Mumbai

Reserve Bank of India

Dear Sir / Madam

Sub: Letter of Authorization for filing of annual return on FLA

We hereby authorize Shri. / Smt. / Ms.

Name and Designation: ________________

Permanent Account Number (PAN)____________to register as Business user for submission of annual return on Foreign Liabilities and Assets (FLA)on behalf of our company/ LLP/ Others named _________

CIN/ LLPIN/ Others-UIN ____________

Registered office at _____________and having PAN____________

2. We further confirm that we are liable for and bound by all acts of commission and omission by the authorized representative. All acts committed by the above authorized representative shall be treated as if these acts were committed by the company/ LLP/ Others.

Yours faithfully

(Signature of Managing Director / Director / Head of Institution / Designated Partner in case of LLP / Investment Manager or Sponsor for Investment vehicle)

Name:

Designation:

Date:

Seal of the signing authority:

(After furnishing all details, take print out of this word file of authority letter and get it signed from appropriate authority as mentioned above and then scan it. Convert it to PDF and then upload the same in FLA user registration form)

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