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← Pawnbrokers Act 2015

Pawnbrokers Act 2015 s 49

s 49 Pawn ticket to be issued

49.—(1) A pawnbroker must not take goods in pawn unless the pawnbroker issues to the pawner a pawn ticket in accordance with this section. (2) A pawn ticket must be marked with a unique identification number, and must contain the prescribed particulars in the prescribed format. (3) The pawner must sign a copy of the pawn ticket. (4) The pawnbroker must keep a signed copy of the pawn ticket. (5) A loan agreement is voidable at the instance of the pawner unless subsections (1), (2), (3) and (4) are fully complied with.

Read this section in the full act → · Open Division 1 →

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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