New Zealand Legislation: Acts
Acts are laws made by Parliament
(1) No person shall make a representation that is false or misleading in a material particular concerning the profitability or risk or any other material aspect of any business activity that that person represents as one that can be, or can be to a substantial extent, carried on at or from a person's place of residence.
(2) No person who invites, whether by advertisement or otherwise, persons to engage or participate, or to offer or apply to engage or participate, in a business activity requiring—
(a) The performance by the persons concerned of work; or
(b) The investment of money by the persons concerned and the performance by them of work associated with the investment—
shall make, with respect to the profitability or risk or any other material aspect of the business activity, a representation that is false or misleading in a material particular.
Compare: 1975 No 113 s 48B; 1979 No 40 s 23; Trade Practices Act 1974 (Aust), s 59