Singapore legislation
Schedule 2
Schedule 2
Profit and charges allowed to pawnbrokers
SECOND SCHEDULESection 16(1)Profit and charges allowed to pawnbrokersProfit on Loan1.A maximum of 1 1/2% per month on the amount of the loan. Charge on inspection of sale book2.For the inspection of the entry of a sale…$0.
50. Charge on form of declaration3—
(1)
Where the loan does not exceed $50…$0.50. (2) Where the loan exceeds $50…$1.00.[S 344/93]