|
|
Special contracts and special contract pawn-tickets.
|
15.—(1) Notwithstanding anything in this Act, a pawnbroker may make a special contract with a pawner in respect of a pledge on which the pawnbroker makes a loan of more than ten pounds.
|
|
| |
(2) (a) Where a pawnbroker makes a special contract with a pawner, he shall at the time of the pawning give to the pawner a special contract pawn-ticket which shall contain the particulars set out in Part III of the Third Schedule and shall be signed by the pawnbroker.
|
|
| |
(b) A pawnbroker shall not take a pledge in pawn under a special contract under this section unless the pawner takes a special contract pawn-ticket.
|
|
| |
(3) A duplicate of the special contract pawn-ticket shall be signed by the pawner.
|
|
| |
(4) A special contract pawn-ticket and the duplicate thereof shall not be subject to stamp duty.
|
|
| |
(5) The provisions of this Act shall apply to a special contract under this section save so far as excluded by the terms of the contract.
|
|
| |
(6) A pawnbroker who fails to comply with paragraph (a), or contravenes paragraph (b), of subsection (2) of this section shall be guilty of an offence.
|
