Direct Sales and Anti-Pyramid Scheme Act 1993

Direct Sales and Anti-Pyramid Scheme Act 1993
Parliament of Malaysia
Long 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.
Citation	Act 500
Territorial extent	Throughout Malaysia
Passed by	Dewan Rakyat
Passed	20 October 1992
Enacted by	Dewan Negara
Royal assent	22 January 1993
Commenced	4 February 1993
Effective	[1 June 1993, P.U. (B) 152/1993]
Legislative history
First chamber: Dewan Rakyat
Bill title	Direct Sales Bill 1992
Bill citation	D.R. 20/1992
Introduced by	Abu Hassan Omar, Minister of Domestic Trade and Consumer Affairs
First reading	22 July 1992
Second reading	19 October 1992
Third reading	20 October 1992
Second chamber: Dewan Negara
Bill title	Direct Sales Bill 1992
Bill citation	D.R. 20/1992
Member(s) in charge	, Minister of
First reading	16 December 1992
Second reading	[ ]
Third reading	[ ]
Amended by
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

External links

• Direct Sales and Anti-Pyramid Scheme Act 1993 Archived 2016-09-22 at the Wayback Machine This article incorporates text from this source, which is in the public domain.