Singapore legislation

Clause 36

Variation, suspension or revocation of licence

This section applies where —

(a)

a licensee is convicted of an offence under this Act;

(b)

the Registrar compounds an offence under this Act committed by the licensee;

(c)

a licensee contravenes a provision of this Act, which contravention is not an offence;

(d)

the Registrar is satisfied that a licensee has conducted its business of pawnbroking in an improper or unsatisfactory manner; or

(e)

the Registrar is satisfied that a licensee is not able to carry on its business of pawnbroking in a proper and satisfactory manner.

On the occurrence of any event specified in subsection (1), the Registrar may —

(a)

do either or both of the following:

(i)

vary any condition of the licensee’s licence; (ii)suspend the licensee’s licence in respect of all or any of the licensee’s places of business; or

(b)

revoke the licensee’s licence with effect from a specified date.