Singapore legislation

Section 22

of Pawnbrokers Act 2015

Section 22

Licensee to display sign and rates, etc.

(1)

A licensee must display, at each of its licensed places of business, a conspicuous sign stating, in English, the licensee’s name and the words “Pawnbroker’s Shop”, “Pawnbroker” or “Pawnshop”.

(2)

A licensee must display, at each of its licensed places of business, a conspicuous notice stating, in English, the maximum profit and the fees it can charge under section 50.