CAP. 166]
[8. 8 cont.]
Regulations.
Restriction
of trade to
broking.
Notification
of name and nature of business. [cf. 35 & 36 Vict. c. 93, s. 13 (1).]
Inspection of goods, books, etc.
Interest on loans.
Pawnbrokers.
the Governor in Council, and in the meanwhile, subject to the payment of the fees set forth in the scale of fees in the regulations.
(2) A licence shall be valid for one year only commencing on the date on which it is issued; but it may be renewed at the like discretion from year to year.
Provided
(3) All such fees shall be paid in advance : 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 Secretary for Chinese Affairs.
9. No pawnbroker shall during the continuance of his licence carry on any 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.
10. Every 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 or his firm's name at length, with the addition of the word 'Pawnbroker' after the English name and the character " after the Chinese name.
11. Every pawnbroker shall, whenever required by the Commissioner of Police or by any police officer not below the rank of sergeant, or by any police officer authorized thereto in writing by the Commissioner either generally or for a particular occasion or for particular premises, produce for the inspection of the person so requiring him all or any goods pawned or deposited with him and all books and papers relating to the same.
12. (1) Every pawnbroker may demand, receive and take simple interest, over and above the principal paid or advanced by him upon any goods pawned with him, from the person applying to redeem the said goods, before redelivering the same, at the following rates or at such other rates as may from time to time be prescribed by the Governor in Council-
284
CAP. 166]
[8. 8 cont.]
Regulations.
Restriction
of trade to
pawn-
broking.
Notification
of name and nature of business. [cf. 35 & 36 Vict. c. 93, 8. 13 (1).]
Inspection of goods, books, etc.
Interest on loans.
Pawnbrokers.
the Governor in Council, and in the meanwhile, subject to the payment of the fees set forth in the scale of fees in the regula- tions.
(2) A licence shall be valid for one year only com- mencing on the date on which it is issued; but it may be renewed at the like discretion from year to year.
Provided
(3) All such fees shall be paid in advance : 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 instal- ments to the satisfaction of the Secretary for Chinese Affairs.
9. No pawnbroker shall during the continuance of his licence carry on any 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.
10. Every 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 or his firm's name at length, with the addition of the word 'Pawnbroker" after the English name and the character
"after the Chinese name.
11. Every pawnbroker shall, whenever required by the Commissioner of Police or by any police officer not below the rank of sergeant, or by any police officer authorized thereto in writing by the Commissioner either generally or for a particular occasion or for particular premises, produce for the inspection of the person so requiring him all or any goods pawned or deposited with him and all books and papers relating to the same.
12. (1) Every pawnbroker may demand, receive and take simple interest, over and above the principal paid or advanced by him upon any goods pawned with him, from the person applying to redeem the said goods, before redelivering the same, at the following rates or at such other rates as may from time to time be prescribed by the Governor in Council-
284
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