“Owner Commercial Code, in principle, should be banned” Summary of Report Summary July 28, 19:49

In order to prevent damage to the so-called "owner's commercial law" that calls for high dividends and collects large amounts of money, the Exploratory Committee of the Consumer Affairs Agency has discussed the review of the legal system at a meeting on the 28th, I have summarized the outline of the report that says that it should be prohibited in principle.

This was shown at the Consumer Affairs Agency's Review Committee held online on the 28th.

The owner's commercial law collects funds because it becomes possible to obtain high dividends if you become an owner of goods etc.There are a number of cases where the management fails, such as "Japan Life" and "Kefir Business Promotion Association", collecting a large amount of money. Since then, the Exploratory Committee of the Consumer Affairs Agency has been discussing the review of the legal system.

The main point of the report is that the owner's commercial law, which collects funds in the form of sales price by purchasing goods etc., is essentially fraudulent and should be prohibited by the depositary law.

He pointed out that in the case of violation, it is necessary to take penalties and establish civil rules that allow consumers to invalidate contracts.

In addition, the government should establish a legal system so that consumer groups can promptly take measures to protect consumers, such as allowing consumer groups to make injunction requests against violators.

The Exploratory Committee plans to compile a report next month based on the main idea and submit it to the Consumer Affairs Agency. The Consumer Affairs Agency will revise necessary laws.