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
Date passed 20 October 1992
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 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
Bill introduced in the Dewan Negara Direct Sales Bill 1992
Bill citation D.R. 20/1992
Introduced by [[]], Minister of
First reading 16 December 1992
Second reading [ ]
Third reading [ ]
Amends
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

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