New South Wales Consolidated Regulations

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PAWNBROKERS AND SECOND-HAND DEALERS REGULATION 2021

- Made under the Pawnbrokers and Second-hand Dealers Act 1996
- As at 29 May 2024
- Reg 44 of 2021

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Name of Regulation
   2.      Commencement
   3.      Definitions
   4.      Meaning of "market"
   5.      Meaning of "second-hand goods"
   6.      Application of Act
   7.      Exclusion of ADI institutions from operation of section 5 of Act

   PART 2 - RECORDS

   8.      Definition
   9.      Licence condition relating to electronic record-keeping
   10.     Records of goods purchased, pawned, forfeited or sold
   11.     Records of imported goods
   12.     Contract or stock number to be displayed on item
   13.     Records of persons employed in licensed businesses
   14.     Records of markets
   15.     Form of records
   16.     Hard copies in loose-leaf form
   17.     Providing records to Commissioner of Police

   PART 3 - REGULATION OF LICENSED BUSINESSES

   18.     Display of licence details and other information
   19.     Evidence of identity and title of supplier of goods
   20.     Exemptions from evidence requirements for overseas supplier of goods
   21.     Retention of goods by licensee
   22.     Lending or parting with licence
   23.     Carrying on of business on behalf of licensee's estate or following bankruptcy
   24.     Unique identifier for combined licence

   PART 4 - SPECIAL PROVISIONS RELATING TO PAWNBROKERS

   25.     Equivalent annual interest rate
   26.     Exemptions relating to pawnbroker's record of pledges
   27.     Pawnbroker's record of pledges
   28.     Notice of rights and obligations of person pawning goods
   29.     Replacement pawn tickets
   30.     Redemption of pawned goods
   31.     Record of an extending agreement
   32.     Sale of unredeemed goods
   33.     Notice as to proceeds of sale

   PART 5 - DISPUTES AS TO OWNERSHIP OF GOODS AND RESTORATION OF GOODS

   34.     Restoration notices
   35.     Jurisdiction of Local Court
   36.     Signage to be displayed

   PART 6 - FEES

   37.     Fees
   38.     Partial refund of application fees for certain licences
   39.     Secretary's power to waive, reduce, postpone or refund fees

   PART 7 - MISCELLANEOUS

   40.     (Repealed)
   41.     Records to be kept in English language
   42.     Repeal and savings
           SCHEDULE 1
           SCHEDULE 2


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