Multi-Level Marketing and Pyramid Selling (Prohibition) Bill
Table of Contents
Long Title
Enacting Formula
1 Short title
2 Interpretation
3 Unlawful to promote or hold out that a person is promoting or participating in a pyramid selling scheme or arrangement
4 Registration of a business which is designed to promote pyramid selling scheme or arrangement prohibited
5 A business that promotes a pyramid selling scheme or arrangement to cease business
6 Registration of a company which proposes to promote a pyramid selling scheme or arrangement prohibited
7 Company which promotes a pyramid selling scheme or arrangement to cease promoting the same
8 Winding up on application of the Minister
9 Criminal liability
10 Sale to consumer of commodities received before operation of Act not unlawful
11 Distribution and sale of commodities under any scheme or arrangement made lawful by regulations
12 Act to prevail
13 Regulations
Explanatory Statement
Expenditure of Public Money