67Offences relating to pawnbroking

1. A licensed pawnbroker commits an offence, and is liable on conviction to a fine not exceeding $10,000, if he or she, without reasonable excuse,—

2. enters into a buyback contract as a buyer while apparently acting in the course of business as a pawnbroker:
3. enters into a pawnbroking contract at any place other than pawnbroking business premises identified in his or her licence:
4. sells or otherwise disposes of any pawned goods on or before the redemption date of the goods:
5. fails to issue a pledge ticket, or issues a pledge ticket that does not comply with section 59:
6. fails to allow a pledger to redeem or inspect goods pawned by the pledger:
7. sells pawned goods without first offering them for sale at public auction or Internet auction:
8. fails, when a pledger claims an excess (as defined in section 64(1)) within 6 months of the disposal of pledged goods, to return to the pledger at least 90% of the excess:
9. accepts a pledge from a pledger aged under 18 years:
10. fails to comply with any of the conditions set out in section 66(1) when purchasing goods that are subject to a pawnbroking contract.

11. A licensed pawnbroker commits an offence, and is liable on conviction to a fine not exceeding $2,000, if he or she fails, without reasonable excuse, to comply with any other obligation under any of sections 55 to 65.

Compare

• 1908 No 141 s 24

Notes

• Section 67(1): amended, on 1 July 2013, by section 413 of the Criminal Procedure Act 2011 (2011 No 81).
• Section 67(2: amended, on 1 July 2013, by section 413 of the Criminal Procedure Act 2011 (2011 No 81).