Proposed motor scheme. BNM has posted two proposed scenarios for the new motor scheme on its website to receive feedback from the public. The two scenarios (A & B) differ in terms of compensation, legal recourse, speed of settlements and tariff premiums. Both scenarios have proposed that losses be shared between the Government and the industry through a new vehicle, and an overall liability limit of RM2m. Further details regarding the two scenarios are detailed in our sector report.
Kurnia Asia Berhad : Business Strategy Still On Track - 10/5/2010
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