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Appendix 12GOVERNMENT OF MALAYSIA Immigration Ordinance, 1959 (F.P.M. 12 of 1969) Immigration of Malaysia Regulation, 1963 (F.L.W. 228/63)SECURITY BONDS tamp RM10.00 By the stamping office in Inland Revenue
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Here are the steps to fill out a security bond:
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Obtain the security bond form from the appropriate authority or agency.
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Fill in your personal information, including your name, contact details, and address.
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Provide the necessary details about the property or premises to be covered by the security bond.
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Specify the amount of the bond and the duration of coverage.
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Sign and date the form.
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Submit the completed form along with any required supporting documents to the designated authority.
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Pay the required fee, if applicable.
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Keep a copy of the filled-out form for your records.
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Note: It is always recommended to carefully read and understand the instructions provided on the security bond form or seek guidance from the relevant authority to ensure proper completion.

Who needs security bond?

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Various individuals or entities may require a security bond, including:
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- Tenants renting a property
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- Contractors or service providers working on a project
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- Individuals applying for certain licenses or permits
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- Importers or exporters dealing with customs and excise
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- Employees handling valuable assets or funds
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- Individuals involved in legal proceedings or court cases
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- Individuals in certain professional fields or industries where bonding is a requirement
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The specific need for a security bond may vary depending on local laws, regulations, and contractual agreements. It is advisable to consult the relevant authorities or legal professionals to determine if a security bond is necessary for a particular situation.
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A security bond is a form of insurance that guarantees a certain amount of money will be paid in the event of a breach of contract or other predefined circumstances.
Any individual or organization that is required to provide financial assurance for fulfilling a contract or legal obligation may be required to file a security bond.
To fill out a security bond, you will need to provide detailed information about the contract or obligation being guaranteed, as well as personal and financial information about the individual or organization providing the bond.
The purpose of a security bond is to ensure that financial obligations will be met in the event of a breach of contract or other specified circumstances.
The information reported on a security bond typically includes details about the contract or obligation being guaranteed, as well as personal and financial information about the bond provider.
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