737
C.S.O. 3143/26.
A BILL
INTITULED
:
[No. 13:-30.8.30.—6 |
An Ordinance to amend the law relating to
pawnbrokers.
BE it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows :---
1. This Ordinance may be cited as the Pawnbrokers Short title. Ordinance, 1930.
2. In this Ordinance :--
(a)
"Month "
means a Chinese moon.
(b) Pawnbroker" includes every person who carries on the business of taking goods and chattels in pawn, or who purchases, receives, or takes in any goods or chattels, and pays money for or advances money upon the same, with or under any undertaking, agreement or condition, express, implied or reasonably to be inferred from the nature or character of the dealing or the usage in respect thereof, that the said goods or chattels in whole or in part may be afterwards redeemed or repurchased upon any terms whatsoever.
Interpreta- tion.
3.-(1) It shall be lawful for the Governor in Council Regulations. to make regulations for the following purposes :--
(a) for prescribing the conditions under which pawnbrokers licences shall be granted renewed or revoked ;
or
(b) for prescribing the fees to be paid for such
licences and for the renewal of such licences;
(c) for prescribing the forms of such licences;
(d) for prescribing the books and documents to be kept by pawnbrokers, and the particulars to be noted therein;
(e) for prescribing and altering the maximum
rates of interest to be charged by pawn- brokers;
(f) for prescribing and limiting the number of pawnbrokers shops that may be allowed in any area;
(g) for prescribing the form of the pawnticker and
the particulars to be stated therein;
(A) for prescribing the forms to be used under the
Ordinance;
(i) for prescribing the hours during which the
business of pawnbroking may be carried on ; (j) for the storage and safe keeping of pledges;
and
(k) generally for more effectively carrying out the
provisions of this Ordinance.
(2) All regulations made under this Ordinance shall be laid on the table of the Legislative Council at the first meeting thereof held after the publication in the Gazettə of the making of such regulations, and if a resolution is passed at the first meeting of the Legislative Council held