Australian Capital Territory Consolidated Acts

FAIR TRADING ACT 1992 - SECT 25A

In this division:

"new participant", in a pyramid selling scheme, includes a person who has applied, or been invited, to participate in the scheme.

"participant", in a pyramid selling scheme, means a person who participates in the scheme.

"participate", in a pyramid selling scheme, means—

        (a)     establish or promote the scheme (whether alone or together with another person); or

        (b)     take part in the scheme in any capacity (whether or not as an employee or agent of a person who establishes or promotes the scheme, or otherwise takes part in the scheme).

"participation payment"—see section 25C (1), definition of "pyramid selling scheme", paragraph (a).

"payment", to a person or received by a person, means—

        (a)     the provision of a financial or non-financial benefit to or for the benefit of the person; or

        (b)     the provision of a financial or non-financial benefit partly to or for the benefit of the person, and partly to or for the benefit of another person.

"pyramid selling scheme"—see section 25C.

"recruitment payment"—see section 25C (1), definition of "pyramid selling scheme", paragraph (b).