Second-hand Dealers and Pawnbrokers Act 2003

A pawnbroker must not sell or dispose of property, taken by the pawnbroker as a pawn, before the redemption period expires for the property.Maximum penalty—200 penalty units.

The redemption period for property taken as a pawn is 3 months from the day the person pawned the property, or a longer period agreed between the pawnbroker and the person.

If a redemption period longer than 3 months is agreed to, the pawnbroker must enter the agreed period in the property register for the transaction.Maximum penalty for subsection (3)—20 penalty units.