KUALA LUMPUR: Developers cannot impose late payment charges on outstanding property loan instalments from March 18 to August, states a proposed Bill aimed at easing the impact of the Covid-19 pandemic on consumers.
The Temporary Measures for Reducing the Impact of the Coronavirus Disease 2019 Bill seeks to modify 16 existing laws to reduce the impact of the pandemic.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!
