Multi-Level Marketing and Pyramid Selling (Prohibition) (Amendment) Bill |
Bill No. 14/2000
Read the first time on 25th April 2000. |
An Act to amend the Multi-Level Marketing and Pyramid Selling (Prohibition) Act (Chapter 190 of the 1985 Revised Edition). |
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows: |
Short title and commencement |
1. This Act may be cited as the Multi-Level Marketing and Pyramid Selling (Prohibition) (Amendment) Act 2000 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint. |
Amendment of section 2 |
Amendment of section 3 |
3. Section 3(2) of the principal Act is amended by deleting “$30,000” and substituting “$200,000”. |
Amendment of section 4 |
4. Section 4(2) of the principal Act is amended by deleting “$30,000” in the penultimate line and substituting “$200,000”. |
Amendment of section 6 |
5. Section 6(2) of the principal Act is amended by deleting “$30,000” in the penultimate line and substituting “$200,000”. |
Repeal and re-enactment of section 11 and new section 11A |
6. Section 11 of the principal Act is repealed and the following sections substituted therefor:
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