Pawnbrokers Act 2015 · 2020 Revised Edition · Part 3 · Rights and Obligations When Goods Are Pawned
52. Persons entitled to redeem
Feedback & supportThe following persons are entitled to redeem a pledge, unless they have assigned or otherwise transferred the right to do so:
pledge
“pledge” means goods that are taken into possession by a lender of money as security for the repayment of a loan.
the pawner;
pawner
“pawner” means a person who pawns goods to a pawnbroker, whether or not the person has any title to, or is authorised to deal in, those goods;
a person stated on the pawn ticket as the person on whose behalf the goods are pawned;
pawn
“pawn” means to give possession of goods to a lender of money as security for the repayment of a loan;
a person to whom the right of redemption has been assigned or otherwise transferred.