Malaysia legislation

Section 33

of Sabah Climate Change And Carbon Governance Enactment 2025

Section 33

(1)

Any person who deals with any carbon credit from the carrying out of any carbon activities shall pay the levy as prescribed by the Minister.

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(2)

Any person who contravenes subsection (1) commits an offence and shall, upon conviction, be liable to a fine of not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding one year or to both, and in the case of a continuing offence, to a further fine not exceeding one thousand ringgit for every day or part of a day during which the offence continues after conviction.

Annual royalty on carbon credit

Section 33 — Sabah Climate Change And Carbon Governance Enactment 2025