Short Title: | Direct Sales and Anti-Pyramid Scheme Act 1993 |
Legislature: | 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 |
Enacted By: | Dewan Rakyat |
Date Passed: | 20 October 1992 |
Enacted By2: | Dewan Negara |
Royal Assent: | 22 January 1993 |
Date Commenced: | 4 February 1993 |
Date Effective: | [1 June 1993, P.U. (B) 152/1993] |
Bill: | Direct Sales Bill 1992 |
Bill Citation: | D.R. 20/1992 |
Introduced By: | Abu Hassan Omar, Minister of Domestic Trade and Consumer Affairs |
1St Reading: | 22 July 1992 |
2Nd Reading: | 19 October 1992 |
3Rd Reading: | 20 October 1992 |
Bill2: | Direct Sales Bill 1992 |
Bill Citation2: | D.R. 20/1992 |
Introduced By2: | , Minister of |
1St Reading2: | 16 December 1992 |
2Nd Reading2: | [] |
3Rd Reading2: | [] |
Amended By: | Direct Sales (Amendment) Act 2010 [Act A1379] |
Status: | In force |
The Direct Sales and Anti-Pyramid Scheme Act 1993 (ms|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.
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).