Govt invokes Water Services Act, Selangor to take over water companies


PETALING JAYA: In an unprecedented move, the federal government has decided to invoke the Water Services Industry Act 2006 (Wasia), including Section 114, that pave the way for the Selangor government to take over the water concessionaires in the state.

This is the first time that the Wasia has been invoked since the Act was passed on June 1, 2006. Under Wasia, there is a provision for step-in rights whereby the minister may, if he thinks it necessary for national interest and with the prior approval of the federal government, direct the National Water Services Commission or Span to assume control of the operations of a licensee, and carry on or appoint others to carry on the licensee’s operations.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Wasia , water , Kettha

   

Next In Business News

ABM welcomes GX Bank, Boost Bank as new members
Khee San to raise up to RM96.1mil from rights issue
Ringgit ends firmer against greenback amid heightened uncertainty as US election looms
Elridge Energy inks 15-year biomass fuel contract with Japanese trading firm
Bintai Kinden unit bags RM61.22mil construction job in Melaka
MCE, Chuhang ink MoU to develop automated driving radar
Bursa Malaysia ends higher lifted by plantation, construction stocks
Revenue to dispose of Innov8tif stake for RM40mil
MN Holdings' new job wins bring orderbook to all-time high of RM625.8mil
Bina Puri unit secures RM113.29mil contract for Sarawak water supply project

Others Also Read