CAP. 166]
Pawnbrokers
[1984 Ed.
Originally 10 of 1984.
IN 109/1990
CHAPTER 166
PAWNBROKERS
To provide for the licensing of pawnbrokers and for the regulation and control of certain pawnbroking transactions; to make certain provisions in respect of goods pawned; to provide for matters connected with or incidental to the foregoing; and to repeal the Pawnbrokers Ordinance 1930.
L.N. 284/84.
Short title.
Interpretation.
(Cap. 115.)
Application of Ordinance. First Schedule.
[24 August 1984.]
1. This Ordinance may be cited as the Pawnbrokers Ordinance.
2. In this Ordinance, unless the context otherwise requires-
"Commissioner" means the Commissioner of Police;
"duplicate ticket" means a duplicate ticket delivered under section 14;
"general book" means the general book kept by a pawnbroker under section 12:
"goods" means any goods, article or other thing which may be given as security;
"licence" means a licence granted under section 5;
"lunar month" means a Chinese lunar month;
"pawnbroker" means a person carrying on business by advancing on interest, or for or in expectation of profit, gain or reward, any sum of money on the security of goods taken by such person in pawn;
"prescribed" means prescribed by regulations made under section 26;
"proof of identity" has the meaning assigned to it in section 17B of the Immigration Ordinance;
"ticket" means a ticket delivered under section 13.
3. (1) Nothing in this Ordinance shall apply to a loan by a pawnbroker of more than the sum specified in the First Schedule or to the goods pawned as security for that loan, or to the pawnbroker or borrower in relation to that loan or the goods so pawned.
(2) Where-
(a) 2 or more loans are made by a pawnbroker to a borrower on the security of the same goods pawned; and
(b) the total amount of the principal outstanding on all such loans at any time exceeds the sum specified in the First Schedule,
2
CAP. 166]
Pawnbrokers
[1984 Ed.
Originally 10 of 1984.
IN 109/1990
CHAPTER 166
PAWNBROKERS
To provide for the licensing of pawnbrokers and for the regulation and control of certain pawnbroking transactions; to make certain provisions in respect of goods pawned; to provide for matters connected with or incidental to the foregoing; and to repeal the Pawnbrokers Ordinance 1930.
L.N. 284/84.
Short title.
Interpretation.
(Cap. 115.)
Application of Ordinance. First Schedule.
ance.
[24 August 1984.]
1. This Ordinance may be cited as the Pawnbrokers Ordin-
2. In this Ordinance, unless the context otherwise requires- "Commissioner" means the Commissioner of Police;
"duplicate ticket" means a duplicate ticket delivered under sec-
tion 14;
"general book" means the general book kept by a pawnbroker under
section 12:
"goods" means any goods, article or other thing which may be given
as security;
"licence" means a licence granted under section 5;
"lunar month" means a Chinese lunar month;
"pawnbroker" means a person carrying on business by advancing
on interest, or for or in expectation of profit, gain or reward, any sum of money on the security of goods taken by such person in pawn;
"prescribed" means prescribed by regulations made under sec-
tion 26;
"proof of identity" has the meaning assigned to it in section 17B of
the Immigration Ordinance;
"ticket" means a ticket delivered under section 13.
3. (1) Nothing in this Ordinance shall apply to a loan by a pawnbroker of more than the sum specified in the First Schedule or to the goods pawned as security for that loan, or to the pawnbroker or borrower in relation to that loan or the goods so pawned.
(2) Where-
(a) 2 or more loans are made by a pawnbroker to a borrower
on the security of the same goods pawned; and
(b) the total amount of the principal outstanding on all such loans at any time exceeds the sum specified in the First Schedule,
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