Direct Sales and Anti-Pyramid Scheme Act 1993

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 1993
Parliament of Malaysia
CitationAct 500
Territorial extentThroughout Malaysia
Enacted byDewan Rakyat
Passed20 October 1992
Enacted byDewan Negara
Royal assent22 January 1993
Commenced4 February 1993
Effective[1 June 1993, P.U. (B) 152/1993]
Legislative history
Bill introduced in the Dewan RakyatDirect Sales Bill 1992
Bill citationD.R. 20/1992
Introduced byAbu Hassan Omar, Minister of Domestic Trade and Consumer Affairs
First reading22 July 1992
Second reading19 October 1992
Third reading20 October 1992
Bill introduced in the Dewan NegaraDirect Sales Bill 1992
Bill citationD.R. 20/1992
Introduced by[[]], Minister of
First reading16 December 1992
Second reading[ ]
Third reading[ ]
Amended by
Direct Sales (Amendment) Act 2010 [Act A1379]
Status: In force

Structure

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

References

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