20.—(1) A pawnbroker may charge interest on a loan on a pledge at a rate not exceeding that specified in Part I of the Fifth Schedule.
(2) A pawnbroker may demand and take the charges specified in Parts II, III, IV and V of the Fifth Schedule.
(3) A pawnbroker shall, if so required at the time of the redemption of any pledge, give a receipt, which shall be in the form set out in Part IV of the Third Schedule, for the amount of the loan, interest and charges paid to him.
(4) Where a pawnbroker charges on a loan on a pledge interest greater than that permitted by subsection (1) of this section or takes or demands a charge greater than that permitted by subsection (2) of this section or fails or refuses to give a receipt in accordance with subsection (3) of this section, he shall be guilty of an offence.
