Monday, October 22, 2012

Malaysian Palm Oil Board (Licensing)


Malaysian Palm Oil Board (Licensing) Regulations 2005 that was put into effect on 1st January 2006, require that all those involved in the palm oil business obtain appropriate licenses from MPOB. This includes the production, sale, purchase, movement, storage, commence construction of oil palm mill, milling, commence construction of bulking facilities, survey, test, export and import of oil palm products. Regulation 5(1) states that no persons shall involve in those activities unless he is a holder of an appropriate license issued under these Regulations

The main objectives of these Regulations are to regulate and coordinate all activities related to the palm oil industry, to check malpractices that are detrimental to the industry, and to conduct quality control of palm oil products produced and traded.

Regulation 5(3) of the Malaysian Palm Oil Board (Licensing) Regulations 2005 states that :

"Any person who contravenes Regulation 5(1) commits an offence and shall be liable on conviction to a fine not exceeding two hundred thousand ringgit or to a term of imprisonment not exceeding three years or to both "

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