500 - DIRECT SALES AND ANTI-PYRAMID SCHEME ACT 1993 — Malaysia law | Esheria

500 - DIRECT SALES AND ANTI-PYRAMID SCHEME ACT 1993

This Act requires licences for direct sales businesses, sets rules for door-to-door, mail order, and electronic sales, gives purchasers a cooling-off right, and prohibits pyramid schemes.

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Jurisdiction
Malaysia
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
View official record ↗

Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.

direct sales electronic transactions licence conditions mail order sales ministerial exemptions pyramid schemes regulatory offences seizure and forfeiture

Statute overview

About this statute

This Act requires licences for direct sales businesses, sets rules for door-to-door, mail order, and electronic sales, gives purchasers a cooling-off right, and prohibits pyramid schemes. The provision covers forfeiture of seized property when there is no prosecution, claims to seized items, court handling of those claims, no recovery of costs or damages for most seizures, penalties for offences, ministerial exemptions, and powers to make regulations.