NSWIn ForceAct
Fair Trading Act 1987
58GProhibition on ticket resale profit
Start here
Get a plain-English read of 58G
Turn the raw legal text into a practical explanation grounded in Fair Trading Act 1987.
#### 58G Prohibition on ticket resale profit
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).
>
> **pt 4A, divs 1–4 (ss 58A–58L):** Ins 2017 No 52, Sch 1 \[1\].