The Direct Sales and Anti-Pyramid Scheme Act 1993 (Malay: Akta Jualan Langsung dan Skim Anti-Piramid 1993), is a Malaysian laws which enacted to provide for the licensing of persons carrying on direct sales business, for the regulation of direct selling, for prohibiting pyramid scheme or arrangement, chain distribution scheme or arrangement, or any similar scheme or arrangement, and for other matters connected therewith.
An Act to provide for the licensing of persons carrying on direct sales business, for the regulation of direct selling, for prohibiting pyramid scheme or arrangement, chain distribution scheme or arrangement, or any similar scheme or arrangement, and for other matters connected therewith.
The Direct Sales and Anti-Pyramid Scheme Act 1993, in its current form (1 December 2011), consists of 7 Parts containing 45 sections and 1 schedule (including 1 amendment).
Part I: Preliminary
Part II: Requirement for a Licence to Carry on Direct Sales Business
Part III: Door-to-door Sales and, Mail Order Sales and Sales through Electronic Transactions
Part IV: Direct Sales Contracts
Part V: Cooling-off Period and Rescission
Part VA: Prohibition of Pyramid Scheme
Part VI: Enforcement
Part VII: Miscellaneous
Schedule
Referencesedit
External linksedit
Direct Sales and Anti-Pyramid Scheme Act 1993 2016-09-22 at the Wayback Machine This article incorporates text from this source, which is in the public domain.
April 12, 2024
direct, sales, anti, pyramid, scheme, 1993, malay, akta, jualan, langsung, skim, anti, piramid, 1993, malaysian, laws, which, enacted, provide, licensing, persons, carrying, direct, sales, business, regulation, direct, selling, prohibiting, pyramid, scheme, ar. The Direct Sales and Anti Pyramid Scheme Act 1993 Malay Akta Jualan Langsung dan Skim Anti Piramid 1993 is a Malaysian laws which enacted to provide for the licensing of persons carrying on direct sales business for the regulation of direct selling for prohibiting pyramid scheme or arrangement chain distribution scheme or arrangement or any similar scheme or arrangement and for other matters connected therewith Direct Sales and Anti Pyramid Scheme Act 1993Parliament of MalaysiaLong title An Act to provide for the licensing of persons carrying on direct sales business for the regulation of direct selling for prohibiting pyramid scheme or arrangement chain distribution scheme or arrangement or any similar scheme or arrangement and for other matters connected therewith CitationAct 500Territorial extentThroughout MalaysiaPassed byDewan RakyatPassed20 October 1992Enacted byDewan NegaraRoyal assent22 January 1993Commenced4 February 1993Effective 1 June 1993 P U B 152 1993 Legislative historyFirst chamber Dewan RakyatBill titleDirect Sales Bill 1992Bill citationD R 20 1992Introduced byAbu Hassan Omar Minister of Domestic Trade and Consumer AffairsFirst reading22 July 1992Second reading19 October 1992Third reading20 October 1992Second chamber Dewan NegaraBill titleDirect Sales Bill 1992Bill citationD R 20 1992Member s in charge Minister ofFirst reading16 December 1992Second reading Third reading Amended byDirect Sales Amendment Act 2010 Act A1379 Status In forceStructure editThe Direct Sales and Anti Pyramid Scheme Act 1993 in its current form 1 December 2011 consists of 7 Parts containing 45 sections and 1 schedule including 1 amendment Part I Preliminary Part II Requirement for a Licence to Carry on Direct Sales Business Part III Door to door Sales and Mail Order Sales and Sales through Electronic Transactions Part IV Direct Sales Contracts Part V Cooling off Period and Rescission Part VA Prohibition of Pyramid Scheme Part VI Enforcement Part VII Miscellaneous ScheduleReferences editExternal links editDirect Sales and Anti Pyramid Scheme Act 1993 Archived 2016 09 22 at the Wayback Machine nbsp This article incorporates text from this source which is in the public domain Retrieved from https en wikipedia org w index php title Direct Sales and Anti Pyramid Scheme Act 1993 amp oldid 1202601338, wikipedia, wiki, book, books, library,