Malaysia legislation

Section 2

of PRICE CONTROL AND ANTI-PROFITEERING ACT 2011

Section 2

In this Act, unless the context otherwise requires—

“this Act” includes any subsidiary legislation made under this

Act;

“goods” means property of every kind, whether tangible or intangible, whether moveable or immoveable, but excludes money and choses-in-action;

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“price-controlled goods” means the goods in respect of which maximum or minimum or fixed prices have been determined under section 4;

“charge” means any amount of money or any form of consideration given in exchange for any services;

“prescribed” means prescribed by regulations made under this

Act;

“electronic” means the technology of utilizing electrical, optical, magnetic, electromagnetic, biometric, photonic or other similar technology;

“price” means any amount of money or any form of consideration given in exchange for any goods;

“sale” includes a sale of goods by an agent on behalf of his principal or by a servant on behalf of his employer, a sale of goods on commission or on consignment for sale and an agreement to sell and offer to sell;

“supply” by whatever means, including through electronic transactions—

(a)

in relation to goods, means the supply, including re-supply, by way of sale, exchange, lease, hire or hire-purchase of the goods; and

(b)

in relation to services, means the provision by way of sale, grant or conferment of the services;

“Minister” means the Minister charged with the responsibility for domestic trade and consumer affairs;

“authorized officer” means any public officer or officer of a local authority authorized under subsection 3(6);

“Controller” means the Price Controller appointed under section 3;

“Assistant Controller” means an Assistant Price Controller appointed under section 3;

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“service” means anything done or to be done including the granting, assignment or surrender of any right or the making available of any facility or advantage, but excludes supply of goods or money;

“charge-controlled services” means the services in respect of which maximum or minimum or fixed charges have been determined under section 5;

“premises” means any place, stationary or otherwise, established or set up by any person, whether such place is with or without enclosure, and includes vehicles, aircrafts, ships and any other vessel;

“Deputy Controller” means a Deputy Price Controller appointed under section 3.

Appointment of Price Controller, Deputy Price Controller,

Assistant Price Controller, etc.

Read in full context — PRICE CONTROL AND ANTI-PROFITEERING ACT 2011 →