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Once a user has been authenticated, **authorization** determines what they are allowed to do. This involves defining access control policies and assigning permissions based on the user's role or identity. Authorization ensures that users can only access the resources they are authorized to use. Access control is critical for preventing unauthorized access to sensitive data and resources.
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Alright, now that we've covered the basics, let's talk about who actually needs to use this form. **Who is required to fill out Form 96A?** The individuals and entities who need to complete Form 96A can vary based on the specific context and financial activity in question. Generally, it's used by those involved in the purchase of government securities or participation in financial programs. If you're an investor purchasing treasury bonds, or if you're engaging with certain financial institutions for specific programs, you're very likely to come across Form 96A. Basically, if you're involved in any transaction that requires official documentation for compliance or regulatory reasons, Form 96A is a major player.
