Who can grant or revoke authority?
There are different levels of Company Authority and confidentiality rules that apply to the Company Authority management system.
Once you have Company Authority for a company, when you view the 'Company Details' screen you will also see an Authority tab. What you see here depends on your level of authority.
- Directors with Company Authority will be able to see the details of all authorised persons, including:
- any pending applications, and
- historical data for authority requests.
- Authorised persons (such as accountants and lawyers) are not able to see details of other authorised persons. This is to ensure confidentiality.
So who can do what?
- Directors can approve or reject Company Authority requests for other directors and authorised persons and can revoke Company Authority for directors and authorised persons.
- A director’s Company Authority is revoked once they cease to hold office (for example, once their resignation notified to the Registrar of Companies).
- Authorised persons can approve or reject requests only for other directors.
