Malaysia legislation

Section 75

of NATIONAL FORESTRY ACT 1984

Section 75

Deposit to secure payment

(2)

Such authority may require the deposit to be in any of the following forms:

(a)

cash;

(b)

valid written guarantee of a licensed commercial bank;

(c)

a combination of (a) and (b).

(3)

The Director may, whenever he considers it necessary to do so, require the licensee or the holder of the use permit or minor licence, as the case may be, to forthwith deposit an additional sum of money, or provide a new deposit to replace the deposit previously made.