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Home»Automobile»Government collected RM45.9 mil from sale of special number plate series in 2024 – funds used to assist B40
Automobile

Government collected RM45.9 mil from sale of special number plate series in 2024 – funds used to assist B40

Gerard LyeBy Gerard LyeFebruary 23, 2025No Comments2 Mins Read
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Government collected RM45.9 mil from sale of special number plate series in 2024 – funds used to help B40
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The transport ministry has revealed that the federal government collected RM45.9 million from the sale of special vehicle registration plate series in 2024, which incorporates the ‘GOLD’, ‘FFF’, ‘EV’, ‘PETRA’ and ‘MADANI’ series.

The ministry was responding Jerantut MP Khairil Nizam Khirudin, who asked about the overall revenue generated from special number plate sales last 12 months and for a breakdown of related expenditure, reports Malay Mail.

“All proceeds from these sales were channelled into the Consolidated Fund under the finance ministry, and subsequently, 50% was allocated to the transport ministry for initiatives benefiting underprivileged groups,” the reply read.

Government collected RM45.9 mil from sale of special number plate series in 2024 – funds used to help B40

These initiatives include the MyLesen programme, which was introduced at a national level in May 2023 to assist individuals from the B40 income group and youths in obtaining motorcycle licences (Class B2, below 250 cc engine capability), public service vehicle (PSV) licences for e-hailing and buses, in addition to goods driving licences (GDL) for lorries.

Funds were also allocated to providing free helmets for each adults and kids, in addition to the FLYsiswa initiative that gives flight ticket subsidies for college students at public universities, polytechnics, matriculation colleges and teacher training institutes travelling between Sabah, Sarawak and Labuan.

Moreover, the ministry used a portion of the funds for Socso contributions under the Self-Employment Social Security Scheme for taxi, rental automobile, and college bus drivers. Revenue from the sale of the ‘GOLD’ series was used to sponsor the remaining 10% of the insurance contribution, ensuring they’re adequately protected under the Self-Employment Social Security Act 2017.

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This Article First Appeared At paultan.org

B40 collected Funds government mil number plate RM45.9 SALE Series Special
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