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← Multi-Level Marketing and Pyramid Selling (Prohibition) Act 1973

Multi-Level Marketing and Pyramid Selling (Prohibition) Act 1973 s 4

s 4 Registration of business designed to promote pyramid selling scheme or arrangement prohibited

4.—(1) A person must not apply to be registered under the Business Names Registration Act 2014 under any business name in respect of any business that is designed to promote a multi‑level marketing scheme or arrangement or a pyramid selling scheme or arrangement.[29/2014] (2) A 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.[29/2014]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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