Is PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) still in force?

Yes — PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) is currently in force.

When did PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) take effect?

PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) was first recorded in 2024.

Where can I read the official version of PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2)?

The official text of PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) is published at lom.agc.gov.my.

/akn/my/act/pub/2024/347

PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2)

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Type: P.U. (B)
Status: In force
Enacted: 2024

Quick answer

About this p.u. (b)

PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) is Malaysia P.U. (B), cited as P.U. (B) 347 2024, currently marked in force and first recorded in 2024.

Opening note

Preamble

PADA menjalankan kuasa yang diberikan oleh subseksyen 2A(2) Akta Pemberi Pinjam Wang 1951 [Akta 400], Menteri mengecualikan E-Cap (PC) One Sdn. Bhd. (1561624-K) daripada kuat kuasa Akta ini bagi tempoh empat tahun berkuat kuasa mulai tarikh penyiaran pemberitahuan ini dalam Warta dengan syarat bahawa—

(a)

syarikat itu ialah pemegang lesen pemberi pinjam wang yang sah;

(b)

faedah bagi pinjaman bercagar syarikat itu tidak boleh melebihi dua belas peratus setahun dan faedah bagi pinjaman tanpa cagaran syarikat itu tidak boleh melebihi lapan belas peratus setahun; dan

(c)

syarikat itu hendaklah, tidak lewat dari 1 Februari setiap tahun, mengemukakan kepada Menteri suatu penyata rekod mengenai transaksi pemberian pinjaman wangnya dalam apa-apa bentuk dan mengandungi apa-apa maklumat sebagaimana yang ditentukan oleh Pendaftar.

Bertarikh 28 Ogos 2024

[KPKT.100-1/11/2; PN(PU2)154/JLD.20]

NGA KOR MING

Menteri Perumahan dan Kerajaan Tempatan

P.U. (B) 347 3

MONEYLENDERS ACT 1951

EXEMPTION UNDER SUBSECTION 2A(2)

Opening note

Preamble

IN exercise of the powers conferred by subsection 2A(2) of the Moneylenders Act 1951 [Act 400], the Minister exempts E-Cap (PC) One Sdn. Bhd. (1561624-K) from the operation of the Act for a period of four years with effect from the date of publication of this notification in the Gazette provided that—

(a)

the company is the holder of a valid moneylender licence;

(b)

the interest for a secured loan of the company shall not exceed twelve per centum per annum and the interest for unsecured loan of the company shall not exceed eighteen per centum per annum; and

(c)

the company shall, not later than 1 February of each year, submit to the Minister a statement of records of its money lending transactions in such form and containing such information as determined by the Registrar.

Dated 28 August 2024

[KPKT.100-1/11/2; PN(PU2)154/JLD.20]

NGA KOR MING

Minister of Housing and Local Government

Common questions

What is PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2)?: PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) is Malaysia P.U. (B), cited as P.U. (B) 347 2024, currently marked in force and first recorded in 2024.
Is PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) still in force?: Yes — PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) is currently in force.
When did PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) take effect?: PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) was first recorded in 2024.
Where can I read the official version of PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2)?: The official text of PENGECUALIAN DI BAWAH SUBSEKSYEN 2A(2) is published at lom.agc.gov.my.