Direct Sales and Anti-Pyramid Scheme Act 1993 Part IV — DIRECT SALES CONTRACTS

s 23–s 24 · 2 sections

Requirements of direct sales contracts

s 23

(1) A contract in respect of a door-to-door sale for the supply of goods or services having such value as may be prescribed, and a contract in respect of a mail order sale— (a) shall be in writing; (b) shall contain immediately above the place provided for the signature of the purchaser the statement “THIS CONTRACT IS SUBJECT TO A COOLING-OFF PERIOD OF TEN WORKING DAYS” printed in upper case in type not smaller than 18 point Times; and (c) shall be signed by both the vendor and the purchaser. (2) Where a contract in respect of a direct sale is concluded by a person authorized by the vendor, such person shall be deemed to be the vendor for the purposes of this section. (3) A purchaser who enters into a contract to which subsection (1) applies shall be given a duplicate copy immediately after the making of such contract. (4) Failure to comply with subsection (1) shall render the contract void. (5) Failure to comply with subsection (3) shall render the contract voidable at the option of the purchaser.

Contents of direct sales contracts

s 24

(1) A contract in respect of a direct sale shall contain the following particulars: (a) a detailed description of the goods or services to be supplied or, if the contract provides for the carrying out of work of a specified nature, detailed particulars of such work; (b) the contractual terms of the contract including the total consideration to be paid or provided by the purchaser, or if the total consideration is not ascertainable at the time the contract is made, the manner in which it is to be calculated; (c) the time, place and method for payment to be made; (d) the time and place for delivery of goods or for the performance of services; and (e) notices in such form as may be prescribed informing the purchaser of his right to rescind the contract before the expiry of the cooling-off period. (2) Failure to comply with subsection (1) shall render the contract void.

Back to Direct Sales and Anti-Pyramid Scheme Act 1993 — full text

Provisions on this page are reproduced verbatim from official open data. See the attribution line.

Text as at 1 March 2013 (LOM reprint); amendments made after that date may not be incorporated. Read the official text ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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