HC Deb 28 January 1974 vol 868 c5W
Mr. David Reed

asked the Secretary of State for Trade and Industry if he is satisfied with the Fair Trading Act provisions of pyramid selling; and if he will make a statement.

Mr. Onslow

Part XI of the Fair Trading Act and the Pyramid Selling Schemes Regulations 1973 have not been in force long enough for me to assess their effectiveness, but I am watching the situation closely.

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