Direct Sales and Anti-Pyramid Scheme Act 1993

Direct Sales and Anti-Pyramid Scheme Act 1993
Parliament of Malaysia
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.
Citation	Act 500
Territorial extent	Throughout Malaysia
Enacted by	Dewan Rakyat
Enacted by	Dewan Negara
Date of Royal Assent	22 January 1993
Date commenced	4 February 1993
Date effective	[1 June 1993, P.U. (B) 152/1993]
Legislative history
Bill introduced in the Dewan Rakyat	Direct Sales and Anti-Pyramid Scheme Bill 1993
Introduced by	[[]], Minister of
First reading	[ ]
Second reading	[ ]
Third reading	[ ]
Bill introduced in the Dewan Negara	Direct Sales and Anti-Pyramid Scheme Bill 1993
Introduced by	[[]], Minister of
First reading	[ ]
Second reading	[ ]
Third reading	[ ]
Amendments
Direct Sales (Amendment) Act 2010 [Act A1379]
Status: In force

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.

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

External links

• Direct Sales and Anti-Pyramid Scheme Act 1993  This article incorporates text from this source, which is in the public domain.