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SECOND-HAND DEALERS AND PAWNBROKERS REGULATION 2004 - REG 6

Prescribed particulars—Act, s 37(2)

6 Prescribed particulars—Act, s 37(2)

(1) For an entry made in a transactions register under section 37 (2) of the Act , in relation to a second-hand property transaction acquiring property, the following particulars are prescribed—
(a) entry number;
(b) time and date of the transaction;
(c) description of the property;
(d) brand name, model number and serial number of the property;
(e) any engraving, inscription or other unique mark on the property;
(f) name and address of the person from whom the property was acquired;
(g) the type of verification of the person’s name and address obtained from the person under section 47 (b) of the Act ;
(h) whether the person is the owner of the property;
(i) if the person is not the owner of the property—
(i) the name and address of the owner; and
(ii) how the person acquired the property;
(j) the name of the person who made the entry.
(2) For an entry made in a transactions register under section 37 (2) of the Act , in relation to a second-hand property transaction selling, exchanging or disposing of property, the following particulars are prescribed—
(a) if the entry is not located immediately after the entry mentioned in subsection (1) —the entry number entered in the transactions register when the property was acquired;
(b) if the property is sold by the second-hand dealer to another person—
(i) the name and address of the person; and
(ii) the date the property was sold; and
(iii) the amount paid for the property;
(c) if the property (
"registered property" ) is exchanged by the second-hand dealer for other property—
(i) the date the registered property was exchanged; and
(ii) the entry number entered in the transactions register in relation to the acquisition of the other property;
(d) if the property is disposed of by the second-hand dealer, other than by being sold or exchanged—
(i) how the property was disposed of; and
(ii) the date the property was disposed of;
(e) the name of the person who made the entry.



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