Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/5
7 September 2005
Dear Sirs,
Commercial Information Circular No. 364/2005
The Mainland of China : Regulations on Banning of Pyramid Sales
The State Council of the People's Republic of China has promulgated the "Regulations on Banning of Pyramid Sales", which will take effect from 1 November 2005. The Regulations list out in detail the types of pyramid selling activities, arrangements and procedures for imposing penalties, legal responsibilities of parties involved in pyramid selling, etc. A copy of the Regulations is attached at Annex (pdf format) for reference.
ENQUIRIES
- If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.
Yours faithfully,
(Miss WONG Ying)
for Director-General of Trade and Industry
Note : While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.