Minister of Justice: Debate on the anti-hopping bill on July 27, closing the next day

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Datuk Seri Dr Wan Junaidi Tuanku Jaafar delivers a speech during the Lang International Corporate Titan Awards 2021 ceremony in Kuala Lumpur on July 24, 2022. – Bernama pic

Monday, July 25, 2022 5:37 AM MYT

KUALA LUMPUR, July 25 – The anti-hopping bill will be debated on July 27 and the closing session will be held on July 28 if there are no outstanding issues, the minister told the Prime Minister’s Department (Parliament and Law) Datuk Seri Dr Wan aka Junaidi Tuanku Jaafar.

He said the bill had involved many engagement sessions since January and was already widely known to Dewan Rakyat MPs.

He added that the Bill is different from other existing laws as it was drafted by the Select Committee and printed by Parliament and not by the Attorney General’s Chambers (AGC).

“So I want to make it clear here that the procedure of the bill itself, all MPs are already familiar with it. InsyaAllah, on the 27th, it will be debated and on the evening of the 28th, at 2:30 p.m., InsyaAllah, I will finish.

“If there are no obstacles, MPs agree (with the bill), we will have finished and solved the problem before 5:30 p.m.,” he told a conference of press after attending the Lang International Corporate Titan Awards (LICTA) 2021 ceremony here yesterday.

Wan Junaidi previously informed that the engagement with the Legal Affairs Division and the AGC as well as government MPs will be held on July 25 and the engagement with opposition MPs will be held on July 26.

In other developments, when asked about an act related to bankruptcy, he said that the government is studying the mechanism according to models from other countries to effectively fight against bankruptcies.

Although the government raised the threshold from RM50,000 to RM100,000 in 2020, they still believed that raising the new threshold to a higher value was not a good solution, especially with the impact of Covid-19 , did he declare.

“We have to remember one important thing, we are heading towards a nation of entrepreneurs by 2030, if there are too many bankruptcies, our young people will avoid being entrepreneurs and will hinder the government’s efforts to make money. Malaysia a country of business,” he said.

He added that Malaysia’s bankruptcy laws were created during British times and have never been comprehensively amended.

“I said if we can bring this up during the budget debate that will be tabled in Dewan Rakyat at the end of this year, but that’s if there are no challenges in the framework or the commitment, and he won’t have too many objections from some parties, insyaAllah we can get the legal framework,” he said. — Bernama

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