Malaysia legislation

Section 4

of PRICE CONTROL AND ANTI-PROFITEERING (AMENDMENT) ACT 2014

Section 4

New section 10a

The principal Act is amended by inserting after section 10

the following section:

“Prices or charges imposed not to include certain items 10a.  (1)  Any person who supplies or offers to supply any goods or services shall not include the items as specified in the Schedule as part of the price of the goods or charge for the services.

(2)

Any person who fails to comply with subsection (1)

commits an offence and shall, on conviction, be liable—

(a)

where such person is a body corporate, to a fine not exceeding five hundred thousand ringgit and, for a second or subsequent offence, to a fine not exceeding one million ringgit; or

(b)

where such person is not a body corporate, to a fine not exceeding one hundred thousand ringgit or to imprisonment for a term not exceeding three years or to both and, for a second or subsequent offence, to a fine not exceeding two hundred and fifty thousand ringgit or to imprisonment for a term not exceeding five years or to both.”.

Price Control and Anti-Profiteering (Amendment)

5

Amendment of section 15

Section 4 — AKTA KAWALAN HARGA DAN ANTIPENCATUTAN (PINDAAN) 2014