34
No. 1 of 1880.
Licence.
Grant and duration of licence.
Restriction of trade to pawn-broking.
Notification of place of business.
Inspection of goods, books, etc.
Interest on loans.
PAWNBROKERS.
be held to refer to a pawnbroker, and, as well as the word "pawn-broker", shall include his representatives.
3. No person shall use or exercise the trade or business of a pawn-broker unless he is the holder of a pawnbroker's licence.
4.-(1) Every such licence shall be granted by and at the discretion of the Captain Superintendent of Police on such conditions touching fees or otherwise as may be deemed meet.
(2) A licence shall endure for one year only, but may be renewed at the like discretion from year to year.
(3) All such fees shall be paid in advance: Provided always that if any licensee is unwilling to pay the whole fee in advance it shall be lawful for him to pay it in quarterly instalments in advance on finding security for such instalments to the satisfaction of the Registrar General.
5. A pawnbroker shall not, during the continuance of his licence, carry on any other trade or occupation in his place of business as such pawnbroker, except that of pawnbroking and the sale of pledges forfeited under the provisions of this Ordinance.
6. A pawnbroker shall cause to be painted and kept painted in large and legible English letters and Chinese characters, over the door of his said place of business, his name at length, and after his name the word "Pawnbroker".
7. A pawnbroker shall, whenever required by the Captain Superintendent or any Inspector of Police, or by any constable bearing a written order in that behalf under the hand of the Captain Superintendent, produce for the inspection of the person so requiring him all or any goods pledged or deposited with him, and all books and papers relating to the same.
8. Over and above the principal moneys lent upon any goods pawned or pledged with the lender he may demand, receive, and take from the person applying to redeem the said goods before redelivering the same, interest after the following rates :--
* As amended by No. 21 of 1902, No. 15 of 1909 and No. 8 of 1912.
† As amended by No. 50 of 1911.
‡ As amended by No. 50 of 1911 and No. 51 of 1911.
§ As amended by No. 21 of 1902, No. 8 of 1911 and No. 8 of 1912.
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