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← Pawnbrokers Act 2015

Pawnbrokers Act 2015 s 15

s 15 Grounds for declining to approve director or manager, etc.

15. Approval under section 14(3) may, in particular, be refused or withdrawn if the relevant person —(a) is below 21 years of age; (b) is or becomes a disqualified person; (c) is, in the Registrar’s opinion, not of good character; (d) is, in the Registrar’s opinion, not a fit and proper person to carry on or manage the licensee’s business of pawnbroking; (e) has carried on the business of pawnbroking in Singapore or elsewhere in a way that, in the Registrar’s opinion, makes the licensee unfit to hold a licence; or (f) in any case where the approval is for the person to be appointed or to act as a manager of the licensee —(i) is not ordinarily resident in Singapore; (ii) will not be ordinarily resident in Singapore while the person holds that position; or (iii) does not in the Registrar’s opinion, possess adequate qualifications or experience for that position.

Read this section in the full act → · Open Division 2 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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