1" pawn-
PAWNBROKERS.
No. 1 of 1860.
35
of a pawn-
On any sum
not exceeding 1 dollar,
discretion
ns touch-
1st month.
Succeeding months
.10%
3%
exceeding 1 dollar, and not exceeding 7 dollars, 8%
3%
7 dollars,
11
5%
3%
5)
14
42
3%
2%
51
42
140
12
12
19
2%
2%
140
2% 11%
5.
32
renewed
vays that e it shall
advance n of the
licence,
ness as
pledges
inted in ver the ffter his
1 Super-
earing a Superin-
him all
!papers
goods
e, and
before
Provided always that special rates may be charged for cotton quilts, shoes, leather trunks, copper, iron, lead, tin, gold and silver watches, jade, and precious stones.
Such principal moneys and interest shall be taken in full satisfaction of all charges for or incidental to the loan to which the same relate: Provided also that the first month's interest shall be deemed to be due on the first day of the first month and may be deducted from the amount of the loan agreed upon.
Every lender shall expose in a conspicuous place in his shop a list of rates, to be furnished by the Registrar General, of the rates chargeable under this section, in English and Chinese.
Every lender failing to expose such list, shall be liable, on summary conviction, to a fine not exceeding 50 dollars, together with the forfeiture of his licence if considered necessary.
9. Before any moneys are advanced on any loan, the lender shall enter or cause to be entered in a book to be kept by him for that purpose, and to be called the "General Book," a fair and legible statement according to form 1 in the schedule.
10. The lender shall, at the time of making any loan, deliver to the borrower a ticket containing a true and legible statement according to form 2 in the schedule.
11. In order to entitle any person to redeem from the lender the goods pledged, the ticket must be returned to the lender by the person applying to redeem the goods, except as provided for in section 14.
*As amended by No. 50 of 1911.
† As amended by No. 51 of 1911.