Singapore legislation

Section 55

of Pawnbrokers Act 2015

Section 55

Extension of redemption period

(1)

The redemption period may be extended for one or more times by agreement between the pawnbroker and a person entitled to redeem the pledge.

(2)

The redemption period may be extended even after it has expired.

(3)

Section 51 applies to every extension of the redemption period under this section.