Nov 11
25
A New Bill Of Health
A New Bill of Health
The Medical Device Bill 2011 and Medical Device Authority Bill 2011
A. Introduction
The Malaysian medical device market is an industry which is growing vigorously thanks to the robust economy and high demand from the public and private healthcare sectors. With about 200 medical device manufacturers in Malaysia, many of which have close ties to international companies producing medical products from syringes to radiographic equipment for various purposes ranging from diagnosis, therapy to surgery, the industry is valued at approximately RM700 million and is poised to in the coming years. The increased spending and expansion of the public and private healthcare sectors, driven by the demands of the public, is undoubtedly a significant contributor to this growth. This is complemented by the fact that Malaysia imports up to 90% of its medical devices, leaving much room for local expansion.
Competition Law and the Airline Industry
Malaysian Airline System Berhad (??strong>MAS??, AirAsia Berhad (??strong>AirAsia?? and AirAsia X Sdn Bhd (??strong>Air Asia X?? have recently entered into a Comprehensive Collaboration Framework to explore opportunities to collaborate on a broad range of areas in which all parties will strive to complement each other?? businesses so as to leverage on their respective core competencies and optimise efficiency for the benefit of consumers.(1)
Amendments to the Employment Act 1955
How this affects you
The Employment (Amendment) Bill 2011(??strong>Bill?? was recently tabled in Parliament and is pending the second reading at the Dewan Rakyat. The Bill seeks to amend the Employment Act 1955 (??ct??, which applies to employees who receive a basic monthly salary of less than RM1,500 and certain categories of manual labourers. Set out below is a summary of the key changes under the Bill.
Who have you engaged? An employee? Or an Independent Contractor?
We sometimes engage others to help us perform tasks and in return pay them a sum of money. They could in law be engaged as employees or independent contractors. What distinguishes one from the other? The capacity in which they are engaged will determine our mutual rights and responsibilities. But the distinction between the two is sometimes difficult to make and it sometimes falls on the courts to make the determination.
Price Control and Anti-Profiteering Act 2011
Enhancing Consumer Protection
Introduction
The Government recently enacted the Price Control and Anti-Profiteering Act 2011 (??ct??, which came into force on 1 April 2011. The purpose of the Act is to enable the Government to determine prices of goods or charges for services with the object of curbing excessive profiteering of essential goods and services by unscrupulous traders.
