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PETALING JAYA: The law that was passed in Parliament to alleviate the impact of Covid-19 will be published today, after which it will be in effect for two years.
Datuk Takiyuddin Hassan said that the measure to publish in a bulletin the Temporary Measures to Reduce the Impact of Coronavirus Disease 2019 (Covid-19) Law of 2020 followed the consent of the Yang di-Pertuan Agong pursuant to Article 66 of the Federal Constitution.
“The law will apply for two years from the date of its publication,” the minister of the Prime Minister’s Department said yesterday in a statement.
He also noted that according to the Law, disputes over contractual obligations can be resolved amicably without involving legal processes in court, but through the Covid-19 Mediation Center which is established in the Prime Minister’s Department.
The mediation service is open to all people with disputes involving RM300,000 or less.
He added that the government would also bear the cost of the mediation service for those in the B40 and M40 categories, as well as for those of small and micro enterprises.
Inquiries about the mediation center can be sent to [email protected].
Takiyuddin said that the Federal Government has always been committed and concerned about the efforts to reduce the impact of Covid-19 not only in the health aspect but also in the economic one for people and companies.
“The implementation (of the Law) as a whole will benefit all affected people and companies in terms of the economy due to the Covid-19 differential,” he added in the statement.
The law was passed in Dewan Rakyat on August 25 and in Dewan Negara on September 22.
Among other things, the Act will prevent developers from imposing late fees on unpaid property installments by buyers in the event that they default from March 18 to August 31 this year.
Developers should also exclude from the calculation of the liability period for defects from March 18 to August 31 and the period for developers to perform work to repair or repair other defects in the homes that have been purchased.
Additionally, no distress orders can be taken against tenants who have been behind in their rent from March 18 to August 31.
Property owners will not be able to recover property under a lease-to-own agreement, as stated in Section 16 of the Rent-to-Own Act of 1967 for any predetermined payment for the period from April 1 to September 30 this year.
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