KENINGAU: Traders from the interior are reminded to adhere to the price control scheme regulations during the festive season beginning from 23 until 27 December this year, as enforced by the Ministry of Domestice Trade, Cooperatives and Consumerism (KPDNKK) recently.
Keningau KPDNKK Branch Chief, K. Gunasegaran, said during the five days period of the scheme implementation traders are also obligated to put pink price tags on thirteen types of controlled goods as to differentiate them from other items and prevent confusion among consumers who are preparing for their Christmas celebration.
He also said business owners are encouraged to put price tags to other goods as well despite not being listed under the Price Control and Anti-Profiteering Act 2011.
“KPDNKK wants all traders to sell controlled goods below the maximum rate, if the retail price is much cheaper,” he said to the media after observing the prices of goods, here , in Tuesday.
Any traders who disobey the rules by selling beyond the permitted price should be reported by consumers to KPDNKK for further action under Section 18 of the Price Control and Anti-Profiteering Act 2011.
The Act carries a punishment of RM500,000 fine for the first offense, and RM1 million for repeated offense committed by organization bodies, and RM100,000 to RM500,000 fine or three years jail for individual. –SayangSabah