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In force2020 Revised Edition

Part 2 · Regulation of Pawnbrokers, Etc.

14. Directors and managers to be approved by Registrar

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(1)

A person cannot be appointed or act as a director or a manager of a licensee without the Registrar’s approval.

(2)

Where a person contravenes subsection (1), the person and the licensee shall each be guilty of an offence.

(3)

For the purposes of subsection (1), the Registrar may —

(a)

approve a person to be appointed or to act as a director or a manager of the licensee; or

(b)

subject to section 16, withdraw any such approval.

Report

Part 3

Rights and Obligations When Goods Are Pawned

Part 4

Offences

Part 5

Prevention of Money Laundering, Terrorism Financing and Financing of Proliferation of Weapons of Mass Destruction

Part 6

Miscellaneous

Schedules