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Pawnbrokers Act 2015/Section 64

Singapore legislation

Section 64

of Pawnbrokers Act 2015

Section 64

Forfeiture to be sole remedy of pawnbroker

A pawnbroker —

(a)

cannot sue, in debt or otherwise, for the loan or profit secured by the pledge; and

(b)

cannot realise the pawnbroker’s security interest in the pledge other than by forfeiture under section 61.

Read in full context — Pawnbrokers Act 2015 →
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