Western Australian Consolidated Acts Western Australian Consolidated Acts (1) Where an offence
against this Division in relation to a trading scheme is committed by a person
who is a promoter of the scheme, any other person who is a promoter of that
scheme is guilty of an offence against this Division punishable as the
first-mentioned offence is punishable.
(2) A person shall not
lend money or agree to lend money to or on account of or on behalf of or at
the request of another person if the first-mentioned person knows or ought on
reasonable grounds to know that the money or part of the money is or is to be
or may be used for or in connection with the participation or proposed
participation by a person in a trading scheme to which section 24
applies.
(3) In
subsection (2) lend includes advance, discount and forbear to require
payment.