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SECURITIES AND FUTURES ACT (Cap.289) SECURITIES AND FUTURES (LICENSING AND CONDUCT OF BUSINESS) REGULATIONS (Kg 10) FORM 22 NOTICE OF COMMENCEMENT OF BUSINESS LODGED PURSUANT TO PARAGRAPH 5(7)(a)
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How to fill out notice of commencement of

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How to fill out a notice of commencement of:

01
Begin by gathering all the necessary information and documents required for the notice of commencement of. This may include project details, the property owner's information, and contractor details.
02
Fill out the heading section of the notice, which typically includes the project name, location, and description. Be sure to include all relevant and accurate information to avoid any confusion.
03
Provide the property owner's information, such as their name, address, and contact details. This helps ensure that the notice reaches the right recipient and enables proper communication.
04
Include the contractor's information, including their name, address, and contact information. This helps establish the responsible party and allows for effective communication throughout the project.
05
Indicate the start date of the construction project. This is important as it establishes the timeline for the project and helps provide a clear understanding of when the notice is in effect.
06
Specify the end date or projected completion date of the project. This helps create a timeline and gives an estimated duration for the project, allowing all parties involved to plan accordingly.
07
State the property description, which typically includes the address and any specific details about the property. This ensures that the notice is connected to the correct property and avoids any confusion with similar projects in the vicinity.
08
Include any additional information or special instructions that may be necessary for the notice. This can encompass specific project requirements, unique circumstances, or any other important details that need to be communicated.
09
Review the notice thoroughly before submitting it. Make sure all the information is accurate, complete, and well-organized.
10
Once the notice is complete, it may be required to file it with the appropriate authority or governing body, depending on local regulations and laws. Familiarize yourself with the specific requirements of the jurisdiction where the project is taking place to ensure compliance.

Who needs a notice of commencement of:

01
Property owners: They require a notice of commencement of to give formal notice to contractors and suppliers that construction is starting on their property. This notice protects them from any potential legal disputes and ensures that everyone involved is aware of the project's commencement.
02
Contractors: Contractors may also need a notice of commencement of for their own records and to provide proof of their involvement in the project. It helps establish the project's start date and provides clarity to all parties involved.
03
Subcontractors and suppliers: These parties often rely on the notice of commencement of to understand when their services or materials will be required. It helps them plan their work accordingly and ensures smooth coordination with other contractors and the property owner.
04
Local authorities: Depending on the jurisdiction, local authorities may require a notice of commencement of to be filed with them. This allows them to record and monitor construction activities within their jurisdiction, and it may be a legal requirement to ensure compliance with local regulations and building codes.
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