Pawnbrokers Act, 1964

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Offences by pawnbroker in relation to certain pledges.

27.—If, with respect to a pledge for a loan of a sum exceeding two pounds or a pledge made up wholly or partly of gold, silver or other precious metal or of any precious or semi-precious stone, a pawnbroker—

(a) does not bona fide in accordance with this Act sell the pledge, or

(b) enters in his sale book a pledge as sold for a lesser sum than that for which it was sold,

he shall be guilty of an offence.