Pawnbrokers Act, 1964

Definitions.

2.—In this Act, save where the context otherwise requires—

“licence” means a licence under section 8;

“the Minister” means the Minister for Justice;

“pawnbroker” includes any person who carries on the business of taking goods and chattels in pawn and in particular (but without prejudice to the generality of the foregoing) includes any person who—

(a) receives or takes from any other person any goods or chattels by way of security for the repayment of any sum of money not exceeding fifty pounds advanced thereon; or

(b) purchases, or receives or takes in, goods or chattels and pays or advances or lends thereon any sum of money not exceeding fifty pounds with or under an agreement or understanding expressed or implied or from the nature of the transaction to be reasonably inferred that those goods or chattels may be afterwards redeemed or purchased on any terms;

“pawner” means a person delivering an article for pawn to a pawnbroker;

“pawn-ticket”, except in section 14, includes a special contract pawn-ticket;

“pledge” means an article pawned with a pawnbroker;

“redemption period” means a period, commencing on the day next following the date of pawning, within which a pawnbroker may not lawfully sell or dispose of a pledge.