Debate on anti-hopping bill on July 27, winding-up on July 28

The anti-hopping bill will be debated on July 27 with the winding-up session to take place on July 28 if there are no outstanding issues, Minister in Prime Minister’s Department (Parliament and Law) Wan Junaidi Tuanku Jaafar says.
 
He said the bill had involved many engagement sessions since January and was already widely known among the MPs.

He added that the bill was different than other existing laws as it was drafted by the select committee and printed by Parliament, and not drafted by the Attorney-General’s Chambers (AGC).

"So I want to clarify here that the procedure of the bill itself, all MPs already know about it. God willing, on the 27th, it will be debated and on the evening of the 28th, at 2.30pm, I will wind up.

"If there are no obstacles and MPs agree (with the bill), we will have ended and solved the issue before 5.30pm," he said at a press conference in Kuala Lumpur yesterday. 
 
Wan Junaidi previously said that the engagement with the Legal Affairs Division and the AGC together with government MPs would be held on July 25 and with opposition MPs on July 26.

In other developments, when asked about a bankruptcy-related act, he said the government was studying the mechanism according to models from other countries to tackle bankruptcies effectively.

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

"We need to remember an important thing, we are moving towards an entrepreneur nation by 2030. If there are too many bankrupts, our youth will avoid being entrepreneurs, and will stymie government efforts to turn Malaysia into a business country," he said.

He added that Malaysia’s bankruptcy laws were created during the British era and had never undergone a comprehensive change.