Singapore legislation
Clause 76
Clause 76
Record-keeping
(1)
A pawnbroker must keep all documents and information (including any analysis performed) relating to a person that the pawnbroker obtained as a result of performing the measures specified in the Third Schedule, for a period of 5 years after the latest of the following dates (so far as they are applicable):
the date on which the person offered to pawn goods to the pawnbroker;
the date on which the person redeemed a pledge from the pawnbroker;
the date on which the pawnbroker forfeited a pledge made by the person;
the date on which the pawnbroker ended any transaction or relationship with the person;
the date of occurrence of such other matter relating to this Part as may be prescribed.
(2)
A pawnbroker must keep the documents and information required to be kept under subsection (1) in such form as may be prescribed.
(3)
A pawnbroker must make the documents and information required to be kept under subsection (1) available upon request to the Registrar and such other authorities as may be prescribed.
(4)
A pawnbroker which contravenes subsection (1), (2) or (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $100,000.
(5)
This section is in addition to the pawnbroker’s statutory duty under section 23.