23
Wednesday, January 30, 1974
It is intended that the future market complex should provide
for centralised wholesale facilities for dealing with imported vegetables,
fruit, poultry, fresh-water fish, crustacea and flowers, the spokesman said.
LAWS ON PYRAMID SELLING BEING CONSIDERED
The government recognises the dangers which pyramid or multi-level
selling schemes can present and is considering introducing legislation in
this respect, the Attorney General, the Hon. John Hobley, said
today.
Replying to a question by the Hon. Peter Williams, the Attorney
General revealed that a bill was circulated at the beginning of this month
for the consideration of the government departments concerned.
He emphasised, however, that the bill "repr、sents initial thinking
only because there are two distinct ways in which the matter can be tackled.' One, he explained, was to regulate the operation of pyramid schemes,
rt
as had been done if the United Kingdom by the Fair Trading Act, and the other
was to prohibit them altogether:.
/24
No comments yet.
Private notes are available after approval.