Part 3Obligations of licence holders, promoters, and Internet auction providers
Obligations of licensed pawnbrokers: Records and verification of identity
51Pawnbrokers record
Every licensed pawnbroker must keep a pawnbrokers record.
The pawnbrokers record must show the following information with respect to all goods pledged to the pawnbroker in the course of business as a pawnbroker:
- the identity of the pledger, which must include—
- the pledger’s name, contact address, and contact telephone number (if any); and
- the form of authorised identification used to verify the pledger’s identity, date of birth, and fact that the pledger is aged 18 years or over; and
- the signature of the pledger:
- the pledger’s name, contact address, and contact telephone number (if any); and
- a description of the pawned goods, including their serial numbers or other unique identifier (if any):
- the number assigned by the pawnbroker to each item:
- the name and signature of the person who conducted the transaction on behalf of the licensed pawnbroker:
- the redemption date:
- the amount of money advanced on the goods:
- the redemption fee to be charged:
- the total redemption price payable at the redemption date, and whether any lesser amount is payable if the goods are redeemed before that date:
- either—
- the date on which the goods are redeemed, and the amount for which they are redeemed; or
- the date on which, and the price for which, the goods are sold, and the amount (if any) returned to the pledger:
- the date on which the goods are redeemed, and the amount for which they are redeemed; or
- any other prescribed information.
The information required to be shown in the pawnbrokers record must be added to the record as soon as practicable after the information is available.
A licensed pawnbroker commits an offence, and is liable on
conviction to a fine not exceeding $10,000, if he or she—- fails without reasonable excuse—
- to keep a pawnbrokers record; or
- to record in it the information required by this section; or
- to add information to it as soon as practicable after the information is available; or
- to keep a pawnbrokers record; or
- makes a false entry in his or her pawnbrokers record.
Compare
- 1908 No 141 s 17
Notes
- Section 51(2)(g): amended, on , by section 136 of the Statutes Amendment Act 2019 (2019 No 56).
- Section 51(4): amended, on , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).


