Price Control And Anti Profiteering Act 2011 Face Mask
The ministry had reportedly conducted a total of 67 217 inspections to monitor the price and supply of face masks nationwide from 29 january until 25 october this year.
Price control and anti profiteering act 2011 face mask. Nanta said the retail ceiling price for single layer face mask was set at seven sen a piece while two layer face mask was at 20 sen per piece and n95 face mask at rm6 per piece. The ministry s secretary general datuk muez abd aziz in a statement here today said face mask is an item under the price control list where the maximum ceiling price has been fixed on five types of face masks under the price control and anti profiteering act 2011. The new ceiling price will be enforced through the price control and anti profiteering act 2011 he added. This means that any seller who sells the face masks above the regulated price committed an offence under the price control and anti profiteering act 2011 akhap.
Part i preliminary short title and commencement 1. Nanta said the ministry had taken actions against a private hospital under section 11 of the price control and anti profiteering act 2011 for selling three ply face masks exceeding the price. Act 723 price control and anti profiteering act 2011 an act to control prices of goods and charges for services and to prohibit profiteering and to provide for matters connected therewith or incidental thereto. B 146 2011 enacted by the parliament of malaysia as follows.
This new ceiling price will be enforced through the price control and anti profiteering act 2011 he said in a statement here today. He added that traders failing to comply with the price control and anti profiteering act 2011 could be fined. He added that the retail ceiling price for one layer face mask is set at 7 sen a piece while the two layer type face mask is 20 sen a piece and n95 type face mask costs rm6 a piece. A fine of rm200 000 was imposed on the hospital nanta added.