PAWNBROKERS.
No. 16 of 1930.
1809
(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.
3. It shall be lawful for the Governor in Council to make Regulations.
(a) for prescribing the conditions under which pawnbrokers' licences shall be granted or renewed or revoked;
(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 pawnbrokers;
(f) for prescribing and limiting the number of pawnbrokers' shops that may be allowed in any area;
(g) for prescribing the form of the pawn ticket and the particulars to be stated therein;
(h) for prescribing the forms to be used under this 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.
4. For the purposes of this Ordinance anything done or omitted by the servant or agent of a pawnbroker in the course of pawnbrokers.
As amended by Law Rev. Ord., 1939, Supp. Sched.