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Laws needed to regulate peer-to-peer rental business

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PETALING JAYA: With an abundance of in-app and other peer-to-peer car rental business opportunities, the government needs to regulate the industry to safeguard the interests of all involved.

Peer-to-peer car rental is a business model where owners lease their vehicles for them to be rented so they can make some extra money on the side. However, what many do not know is – it is illegal.

“Actually no, they cannot do that,” explained Vehicle Theft Reduction Council of Malaysia coordinator Mas Tina Abdul Hamid. “I think the Land Public Transport Agency is also looking into the rules and regulations. But laws need to be passed in Parliament,” she said.A car theft victim, who wished to be known as Zack, learnt this the hard way.

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