Prohibition on ticket resale profit
58G Prohibition on ticket resale profit
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).
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).
This Act’s bill:Explanatory memorandum
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