The Pyramid Selling Schemes Regulations 1989

1Citation and commencement

3Interpretation

4Contents of advertisements etc

5(1) A promoter of a selling scheme shall not issue,...

6Written contracts and rights of participants

7Contents of written contracts

8Participants` rights in connection with termination

9£75 liability limit

11Training facilities

12Civil consequences of contraventions

(Warning for use in pre-contractual documents (Regulation 4(1)(v))

STATUTORY WARNING

1Make sure that you understand what is being offered to...

2Do not be misled by claims that high earnings are...

3It is advisable to take independent legal advice before signing...

Warning for use in contracts (Regulation 7(e))

STATUTORY WARNING

Make sure that you have read it carefully and that...

1It is advisable to take independent legal advice before signing...

2Do not be misled by claims that high earnings are...

3All businesses carry some risk. Do not purchase more stock...

Make sure that you have read it carefully and that...

1It is advisable to take independent legal advice before signing...

2Do not be misled by claims that high earnings are...

3All businesses carry some risk. Do not purchase more stock...

1989 No. 2195

FAIR TRADING

The Pyramid Selling Schemes Regulations 1989

Made24th November 1989

Laid before Parliament30th November 1989

Coming into Operation1st March 1990

The Secretary of State in exercise of his powers under section 119 of the Fair Trading Act 19731 hereby makes the following Regulations:—