Festive Seasons Price Control Scheme Enforcement

Overview

The Festive Season Price-Controlled Scheme (SKHMP) was implemented since year 2000 under the Price Control and Anti-Profiteering Act 2011 (formerly Price Control Act 1946).

Under this Scheme, a number of essential festive season goods are identified as price-controlled goods wherein their maximum selling price will be determined according to areas and districts for a specified period. This Scheme is enforced throughout Malaysia at the producer, wholesaler and retailer level.

To date, the festive seasons encompassed:

  • Hari Raya Puasa
  • Chinese New Year
  • Deepavali
  • Christmas
  • Pesta Kaamatan
  • Hari Gawai

Objectives

  • To protect consumers against  profiteering
  • To determine the maximum price of essential festive goods
  • To ensure that goods are sold at the price determined and are readily available

Duration of implementation

According to the requirement of the specified festive season

Example :

  • Hari Raya Puasa:  Duration is 15 days (before, during and after the festival)
  • Christmast : Duration is 5 days (before, during and after the festival)
  • Deepavali : Duration is 10 days (before, during and after the festival)

Types of Price-controlled goods

Types of goods affected vary according to the festival concerned.

Example :

  • Chinese New Year 2014 – 13 goods
  • Hari Raya Puasa – 18 goods
  • Refer appendix

Obligation of Traders

  • To affix pink coloured labels indicating the price per unit or per unit weight, the name describing the said goods and the grade or quality, if any, of such price-controlled goods.
  • Not to sell such goods above the determined maximum price
  • To ensure adequate supply of price-controlled goods.

Offences

  • Selling price-controlled goods above the maximum price
  • Failure to display pink coloured labels for price-controlled goods
  • Failure to affix price tags

Penalty

  • Individual – a fine of up to RM 100,000 and/or three years imprisonment
  • Body corporate – a fine of up to RM500,000

Duty of Trader Comply with SKHMP Deepavali Order 2017

Implementation of Deepavali SKHMP 2017 (Effective: October 13 to October 22, 2017)


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