Monday, 8 April 2019
Friday, 5 April 2019
Thursday, 4 April 2019
MQT 4-4-2019
04 APR 2019 / 15:08 H
KUALA LUMPUR: The government has no intention to amend the provisions under Section 60 (1) of the Bankruptcy Act (Amendment) 2017 (Act 1534).
Minister in the Prime Minister’s Department Datuk Liew Vui Keong (pix) said there are still provisions which can be used to assist a bankrupt to get out of bankruptcy, including obtaining a discharge certificate from the Director-General of Insolvency for cases under administration for five years or more, as stated in Section 33A of the Insolvency Act 1967.
“Bankrupts can also apply for a discharge (from bankruptcy) in court as stated in Sections 33 and 105 of the Insolvency Act 1967.
“Those who fall under the four categories, namely death, social guarantor, serious illness as verified by a government medical officer, and people with disabilities, can apply for a certificate of discharge as stipulated in Section 33B (2A) of the Insolvency Act 1067,” he said in response to a question from Wong Hon Wai (PH-Bukit Bendera) during the Minister’s Question Time at the Dewan Rakyat today.
Liew said eight amendments were made in the amendment to the Bankruptcy Act in 2017 that was enforced on Oct 6, 2017.
“Out of the eight amendments, only one came into effect retrospectively, that is Section 33B (2A) of the Insolvency Act 1967 (Act 360).
“The remaining amendments were prospective in nature, intended to balance the interests of both creditors and bankrupts. It also helps bankrupts to resolve their bankruptcy in the shortest possible period.
“For example, applying for an automatic discharge under Section 33C will open up a new avenue for a bankrupt to resolve his case in three years from the filing date of the Statement of Affairs.
“The prospective-oriented amendments also contained an implementation mechanism which is different from bankruptcy cases administered before the enforcement of the 2017 amendments. Therefore, the amendments made in 2017 cannot be enforced retrospectively, except for one provision mentioned earlier,” he added. — Bernama
Tuesday, 2 April 2019
121,000 commuters subscribe My100 travel passes
02 APR 2019 / 12:51 H.
Pix for representational purpose only.
KUALA LUMPUR: More than 121,000 commuters have purchased My100 unlimited monthly travel passes since its implementation earlier this year, the Dewan Rakyat was told.
Transport Minister Anthony Loke Siew Fook said ridership for rail services in the city has also increased by 9% for the first two months of the year as compared with the same period last year.
“As of March 29, the My100 travel passes have been subscribed by and benefited 121,303 unique users. In March alone, 87,349 users purchased the pass, and this number is expected to increase in the coming months.
“In terms of ridership for rail services, for the months of January and February 2019, we have a total 35.6 million users, as compared to 32.6 million for the same period in 2018. That’s an increase of 9%,” he said, here today.
He was responding to a question from Wong Hon Wai (PH-Bukit Bendera) on how much the ridership has increased since the implementation of the My100 and My50 travel passes on Jan 1, 2019.
Loke, however, did not provide any figures for the My50 travel pass subscriptions.
Prime Minister Tun Dr Mahathir Mohamad had, on Dec 1, 2019, launched the unlimited travel pass in a move to reduce the cost of living for the rakyat.
The My100 pass allows commuters to access unlimited ride for 30 days on all forms of RapidKL rail and road transport, including MRT, LRT, monorail, BRT Sunway, RapidKL buses and MRT feeder buses.
Meanwhile, Loke said the government was also considering introducing the travel passes to other states, with the My50 pass to be implemented in Penang as soon as July this year.
“In Penang, we will only introduce My50, which will cover Rapid Penang bus rides and Rapid Ferry, as there are currently no rail services there other than KTM.“
“As for other states, there are plans to introduce them in stages, but this will be subjected to the infrastructure in the states,” he adde
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