Azalina welcomes proposed law reform commission, wider bankruptcy relief

The Malaysian government has received approval from Minister in the Prime Minister’s Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said for its proposed Law Reform Commission and expanded bankruptcy relief measures. Azalina welcomed the review of outdated legislation and the expansion of the Second Chance Policy, which has helped over 250,000 Malaysians exit bankruptcy since 2023.

The government will also raise the bankruptcy threshold from RM100,000 to RM150,000 and extend the policy to primary caregivers of family members with disabilities, chronic illnesses, and elderly relatives, as well as gig workers and individuals with irregular incomes.

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