Pawnbrokers Rules 2015
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
Part 2 APPLICATION FOR GRANT OR RENEWAL OF LICENCES
2 Advertisement of application
3 Notice of objection
4 Applicant may respond to objections
5 Inspection of proposed place of business
6 Registrar may refuse application if this Part not complied with
Part 3 STATUTORY DUTIES OF LICENSEES
7 Licensee to maintain paid-up share capital
8 Licensee to keep records of pawnbroking business and transactions
9 Licensee to verify identification information
10 Licensee to submit monthly statements
11 Licensee to place security deposit
Part 4 OBLIGATIONS OF PAWNBROKERS WHEN GOODS ARE PAWNED
12 Particulars to be stated on pawn ticket
13 Service of notice of forfeiture
Part 5 MISCELLANEOUS
14 Compoundable offences
15 Fees
16 Revocation