• Security interest is a property right in collateral that secures payment or other performance of an obligation.
  

• A security interest shall be created by a security agreement.
  

• The security agreement must be contained in a written contract signed by the parties.

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• The grace period for the payment of rents shall be reckoned from the last due date or until such time that the community quarantine is lifted, whichever is longer

• The grace period for the payment of rents and utilities is a minimum of thirty (30) days

• The payment within the grace period is without interests, penalties, and other charges

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• When an employee under compulsory coverage is separated from employment, his/her employer’s contributions on his/her account and his/her obligation to pay the contributions of his/her employees shall cease at the end of the month of separation.
  

• The separated employee shall be credited with all contributions paid on his/her behalf.
  

• The separated employee may continue to pay his/her contributions voluntarily to maintain his/her right to full benefit.

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• The parent or legal guardian of a working child shall set up a trust fund

• The hours of work of a working child shall be observed

• A maximum penalty may be imposed for violation of the Special Protection of Children against Child Abuse, Exploitation and Discrimination Act

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