MOF undecided over new Customs ruling on Labuan-, Langkawi-registered vehicles

LABUAN, 5 Sept -- Timbalan Menteri kewangan 1 Datuk Othman Aziz (dua, kiri) ketika mengadakan lawatan kerja sehari ke Jabatan Kastam Diraja Malaysia Labuan untuk mendengar taklimat daripada agensi itu berhubung cadangan pelaksanaan peraturan baharu kastam, hari ini. --fotoBERNAMA (2016) HAK CIPTA TERPELIHARA

LABUAN: The Finance Ministry (MOF) is still undecided over the proposed Customs’ new ruling on the outflow of Labuan- and Langkawi-registered vehicles to the mainland.

Deputy Finance Minister 1, Datuk Othman Aziz, said his ministry would bring up the various grouses from the concerned parties to the meeting of the newly-established special task force.

The task force was announced by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi last month, who is also the chairman, to tackle the various development issues plaguing the island and the people.

“The new ruling had been thoroughly discussed. But it is important to look at the reality of the current economic situation here.

“I will bring up the issue and brief the chairman of the task force before any decision on the new ruling is made,” he told Bernama in Labuan on Monday.

Othman was on a one-day working day visit to the Labuan Royal Customs Department and Labuan Financial Services Authority to attend the briefing on the performances of the two agencies. 

Othman said the ministry did not want to come up with any policy that would press or burden the people and worsen the economic situation.

“The task force is established to look into better and effective solution for Labuans sustainable development and survival in the long run,” he said.

He said the Government would assist Labuan to stay afloat after being badly affected by the slowdown of oil and gas sector.

“We want to see the islands economy thriving with increased investments and tourist arrivals. The continuous economic crisis may have direct impact on the peoples well-being and livelihood and many will lose their jobs and that will lead to various social ills, which must be prevented,” he said.

He said both members of Parliament for Labuan and Langkawi had their own committees to look into the issue and had given their views on the proposed ruling.

“As of now, there is no definite decision on the new ruling. With the current economy slowdown in Labuan which is heavily relied on the affected oil and gas sector, we believe the task force headed by deputy premier should be able to come up with better solution that will not burden the people,” he said.

Othman said the task force would be furnished with the inputs from all parties concerned, including from his ministry, on the restriction of the number of free-duty-shops in the two free-duty islands, beside the movements of the vehicles registered on the islands under the ruling. - Bernama

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