Malaya-Rubber Act 1940

The Malaya-Rubber Act 1940 was a law enacted during British rule to regulate the rubber industry in Malaya (now Malaysia). Its main purpose was to control and stabilize rubber production and prices by establishing a licensing system for rubber plantations and regulating exports. The Act aimed to support local farmers, maintain economic stability amidst global demand, and ensure sustainable development of the rubber sector during a period of wartime uncertainty. It provided the government with authority to oversee rubber activities, helping prevent market fluctuations from negatively impacting the industry and the economy.