Document background
The Vehicle Hold Harmless Agreement is a crucial legal instrument used in Malaysia when parties need to establish clear liability protection regarding vehicle usage or ownership. This document is commonly employed in situations involving vehicle leasing, sharing, or temporary use arrangements, where one party wishes to be protected from potential claims, damages, or losses arising from vehicle-related incidents. The agreement must comply with Malaysian legislation, including the Road Transport Act 1987 and Contracts Act 1950, and typically includes detailed vehicle information, scope of indemnification, duration, and specific conditions of the arrangement. It's particularly valuable for businesses managing vehicle fleets, leasing companies, and situations where vehicles are used by multiple parties or in high-risk environments.
