Русско-англо-русский юридический словарь

The Delegation of Authority Policy is the principal policy under which the Chief Executive Officer delegates part of his authority to the management of the Company at levels which are considered appropriate to enable management to fulfill its responsibilities. (SEC.gov)

This Delegation of Authority Policy is contingent upon the continued validity of the Resolution of the Board of Trustees dated July 11, 2012, as amended on August 13, 2014. (Wikimedia Foundation website)