Section 3
Unlawful to promote or participate in, or hold out that person is promoting or participating in, pyramid selling scheme or arrangement
of Multi-Level Marketing and Pyramid Selling (Prohibition) Act 1973
ActIn forceProvision 3 of 10
Section 3
(1)
It is unlawful for any person to promote or participate in a multi‑level marketing scheme or arrangement or a pyramid selling scheme or arrangement or to hold out that the person is promoting or participating in such a scheme or arrangement.
(2)
Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $200,000 or to imprisonment for a term not exceeding 5 years or to both.