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In forceAmended2020 Revised Edition

Part 2 · Regulation of Pawnbrokers, Etc.

9. Renewal of licence

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Amended

Last amended by an amending law of 2024.

(1)

A licensee must inform the Registrar, no later than one month before the date of expiry of its licence, whether it intends to apply to renew the licence.

(2)

The Registrar may, on the application of a licensee, renew its licence in accordance with this Act.

(3)

An application for the renewal of a licence must be —

(a)

made in the form and manner specified by the Registrar; and

(b)

accompanied by the payment of a non-refundable application fee of a prescribed amount.

(4)

The renewal of a licence takes effect from —

(a)

the date on which the licence would have expired but for the renewal; or

(b)

any other date that the Registrar may specify.

(5)

Unless a renewed licence earlier lapses or is revoked, the renewed licence has effect until —

(a)

31 December of the year in which it is renewed; or

(b)

any other date that the Registrar may specify.

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