s 130
In forceExisting pawnbroker’s licence
Part 9Transitional provisions
Division 3Transitional provisions for repeal of the Pawnbrokers Act 1984
130 Existing pawnbroker’s licence
(1)
A pawnbroker’s licence in force under the repealed Act immediately before the commencement (a previous pawnbroker’s licence) is taken to be a pawnbroker’s licence under this Act.
(2)
The licence—
(a)
is taken to be subject to conditions and restrictions in the same terms, as far as practicable, as the conditions and restrictions to which the previous pawnbroker’s licence was subject; and
(b)
expires when the previous pawnbroker’s licence would have expired; and
(c)
must not be the subject of renewal, restoration or reinstatement under this Act.
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