The Domestic Trade and Cost of Living Ministry is drafting new regulations under the Supply Control Act 1961 to provide a clearer and more comprehensive legal framework governing the use of fleet cards for subsidized fuel. The move aims to strengthen monitoring and enforcement to ensure that the fleet card mechanism remains transparent and accountable to the subsidies given to eligible transport operators.
The Domestic Trade and Cost of Living Ministry is drafting new regulations under the Supply Control Act 1961 to provide a clearer and more comprehensive legal framework governing the use of fleet card s for subsidized fuel.
The move aims to tighten control and enforcement mechanisms following discoveries of various modus operandi involving leakage and misuse of diesel and petrol subsidies. Some of the regulations will outline the responsibilities of fleet card holders and oil companies, define offences and penalties for subsidy abuse.
Meanwhile, the government has blocked 223 fleet cards due to misuse. The Sabah International Convention Centre launch of the Inspiration to Buy Malaysian Goods programme was attended by Minister Datuk Armizan Mohd Ali
Transport Supply Control Act 1961 Subsidised Diesel Control System Subsidised Petrol Control Scheme Fleet Card Subsidies Misuse Leakage Enforcement Mechanisms Transport Operators
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Penang moves to tighten control over museum operations under amended lawKUALA LUMPUR: The MADANI government will provide more than RM5 billion in microfinancing facilities in 2026, expected to benefit over 400,000 micro-entrepreneurs nationwide through loans of up to RM100,000.
Read more »
Head of External Affairs at Japan Tobacco International (JTI) Malaysia Says Raising Cigarette Prices Alone Not Enough to Reduce Smoking RatesMuhamad Selamat Tan, the Head of External Affairs at Japan Tobacco International (JTI) Malaysia, stated that raising cigarette prices alone is not the solution to reduce smoking rates in Malaysia. He emphasized the importance of enforcement and regulatory balance under the Control of Smoking Products for Public Health Act 2024.
Read more »
Jenama kenderaan komersial Taiwan sertai MCVE 2026Pameran Kenderaan Komersial Malaysia (MCVE) 2026 terus mengukuhkan kedudukan Malaysia sebagai hab automotif serantau
Read more »
Shell LiveWire Malaysia 2022: Exciting Entrepreneurship Initiative for Sabah, Sarawak, and Peninsular MalaysiaThe annual Shell LiveWire Malaysia initiative is back, offering budding entrepreneurs the opportunity to participate in workshops, pitch competitions, and receive seed grants to kickstart their businesses. The programme focuses on environmental sustainability, social impact, and business innovation.
Read more »