Windfall Profit Levy (Oil Palm Fruit) Order 2023 [P.U.(A) 31/2023]

Introduction:

In accordance with section 6 of the Windfall Profit Levy Act 1998 [Act 592], the Minister has exercised power to make the Windfall Profit Levy (Oil Palm Fruit) Order 2023.

The order comes into effect on 1st February 2023.

The order prescribes the price of locally delivered crude palm oil per metric ton and clarifies the interpretation of "oil palm fruit."

Interpretation:

In this Order, "oil palm fruit" refers to the unprocessed fruit of the oil palm, whether in bunches or loose form.

Prescribed Goods: