New South Wales Consolidated Acts

FAIR TRADING ACT 1987 - SECT 58G

58G Prohibition on ticket resale profit

(1) The first purchaser of a ticket must not sell the ticket to any other person for an amount that exceeds the original acquisition cost of the ticket.

: Maximum penalty--1,000 penalty units (in the case of a corporation) or 200 penalty units (in the case of an individual).

(2) A person (other than the first purchaser) must not sell a ticket to any other person for an amount that the person knows, or ought reasonably to know, exceeds the original acquisition cost of the ticket.

: Maximum penalty--1,000 penalty units (in the case of a corporation) or 200 penalty units (in the case of an individual).