Petrol prices: Control of Supplies Act more effective in enforcing compliance

Enforcing compliance with the retail price of petrol and diesel is more effective based on the order letter under Regulation 12A of the Control of Supplies, Supply Control Regulations 1974, the Control of Supplies Act 1961.

Domestic Trade and Consumer Affairs Minister Alexander Nanta Linggi (above) said this was because the act provided for heavier penalties for oil companies or petrol station operators who were found to be selling petrol and diesel above the prescribed price.

“Under the Control of Supplies Act 1961, failure to comply with the supply control instructions is an offence and penalties of up to RM5 million with the...