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s 53

Pawnbroker must keep a property register

In force
Part 4Conduct of business
Division 2Pawnbrokers

53 Pawnbroker must keep a property register

(1)

A pawnbroker must keep a printed or an electronic register of property taken as a pawn by the pawnbroker (property register) in a way prescribed under a regulation, for each authorised place for the pawnbroker’s licence.Maximum penalty—200 penalty units.

(2)

The pawnbroker must, before or immediately after the pawnbroker gives a person money for property taken as a pawn from the person, enter in the property register for the place the particulars prescribed under a regulation for the pawned property.Maximum penalty—200 penalty units.

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