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I got this from another forum and just wanna share with you all here. Are you guys aware of this?
(Petaling Jaya 29, Reuters) "Nanyang Siang Pau" ascertain, the 2010 Budget, fuel subsidies announced restructuring plan, the vehicle engine displacement of less than 1500cc petrol vehicle owners will receive a full subsidy; 1500cc to 2000cc's owner may have get 50% of the gasoline subsidy; 2000cc and above the owner may not get petrol subsidies.
The government and oil industry sources said today, without accidents, including buses, lorries and other commercial vehicles receive fuel subsidies will remain unchanged.
Government sources revealed that the new mechanism, the Government is basically the owner will be divided into three classes, namely, the engine displacement of 1500cc vehicles below; 1500cc to 2000cc car owners, as well as the owners of more than 2000cc.
Solid-fuel a month to play Tim
This newspaper recently reported that the owners of the smaller displacement engines, the petrol subsidies will be higher; In contrast, the greater the vehicle engine displacement obtained by the owners of petrol subsidies will be lower. According to preliminary information, the vehicle received by the owners of the smaller displacement gasoline subsidies, would be more than the current 30 cents per liter, much higher.
Sources told this newspaper that if the Government retains 30 cents per liter, meaning that vehicle owners following the engine displacement of 1500cc, will continue to receive 30 cents per liter of petrol subsidies.
Sources disclosed that the new mechanism, the Government will be given each month to eligible vehicle owners must fight Tim solid fuel, the owner shall be finished in the month of the fuel within the tim.
Message reminding, if car owners Tim could not finish the oil, the remaining fuel would be canceled, they can not put oil into the next month to use.
Only one car to enjoy subsidies
"Moreover, qualified owners, each entitled to only one car petrol subsidies. For example, if an owner has more than more than one car, and only one car to enjoy gasoline subsidies, the rest of the vehicles will not have gasoline subsidies! "
According to Malaysian oilman President of the Society Hashim said that the government subsidies provided to owners of 30 cents per liter.
In any case, the message stressed that the Ministry of Finance, China Trade, Cooperatives and Consumer Affairs, Malaysia Hong Kong Association of Banks and oilman are discussing the details of the new mechanisms, including the real vehicle engine emissions, subsidies range, rebates method, etc., not comprehensive program.
** please ignore the grammar mistake as it was directly translated from HERE.
