Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A corporation must not participate in a pyramid selling scheme.
Penalty: 10,000 penalty units.
(2) A corporation must not induce, or attempt to induce, a person to participate in a pyramid selling scheme.
Penalty: 10,000 penalty units.
(3) Subsections (1) and (2) are offences of strict liability.
Note 1: Chapter 2 of the Criminal Code sets out the general principles of criminal responsibility.
Note 2: For strict liability , see section 6.1 of the Criminal Code .
(4) In this section:
"participate" has the meaning given by section 65AAB.
"pyramid selling scheme" has the meaning given by sections 65AAD and 65AAE.
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]