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Commissioners may grant licences to pawnbrokers and appraisers.
No person to trade as a pawnbroker, or act as an appraiser, without licence.
Date and continuance of licences.
Persons trading as pawnbrokers without licence to forfeit 50l.
Who deemed pawnbrokers.
Act not to extend to persons who take interest not exceeding 5l. per cent, per annum.
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17. [1]
It shall be lawful for the commissioners of stamps and taxes, or for any person duly authorized by them for that purpose, upon payment of the duty by this Act imposed in respect thereof, to grant licence to any person to use or exercise the trade or business of a pawnbroker in any city, town, or place in Ireland, or the calling or occupation of an appraiser in Ireland; and it shall not be lawful for any person whatever, to use or exercise the trade or business of a pawnbroker, or the calling or occupation of an appraiser, in Ireland, without having a licence in force authorizing him so to do, within the intent and meaning of this Act; and every such licence, which shall be granted at any time after the thirty-first day of July and before the first day of September in any year, shall be dated on the first day of August in the year in which the same shall be granted; and every such licence, which shall be granted at any other time than last aforesaid, shall be dated on the day on which the same shall be actually granted; and every such licence, whatever may be the date thereof, shall have effect and be in force from the day of the date thereof until and upon the thirty-first day of July then next following, and shall then cease and determine; and if any person, toot having a licence in force so to do granted under this Act, shall receive or take, by way of pawn, pledge, or exchange, any goods or chattels for the repayment of money lent thereon in Ireland, he shall forfeit for every such offence the sum of fifty pounds; and all persons in Ireland who shall receive or take, by way of pawn, pledge, or exchange, any goods or chattels for the repayment of money lent thereon, shall respectively be deemed pawnbrokers within the meaning of this Act, and shall take out a licence for the same accordingly: Provided always, that nothing herein contained shall extend or be construed to extend to any person who shall lend money upon pawn at any rate of interest not exceeding five pounds per cent, per annum interest, without taking any further or greater profit for the loan or forbearance of such money lent on any pretence whatever.
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