4. Advance by cheque
Feedback & supportSubject to this rule, a licensee may make an advance on a pledge to a pawner by a cheque made payable to the order of the pawner, if the pawner so requests in accordance with rule 3.
The cheque must be made payable to the order of the pawner.
The licensee must issue the cheque to the pawner at the same time the licensee issues to the pawner a pawn ticket under section 49 of the Act.
The pawn ticket must state that the pawner has requested for the advance on the pledge to be made by cheque payable to the order of the pawner.
Subregulation 1
Subject to this rule, a licensee may make an advance on a pledge to a pawner by a cheque made payable to the order of the pawner, if the pawner so requests in accordance with rule 3.
Subregulation 2
The cheque must be made payable to the order of the pawner.
Subregulation 3
The licensee must issue the cheque to the pawner at the same time the licensee issues to the pawner a pawn ticket under section 49 of the Act.
Subregulation 4
The pawn ticket must state that the pawner has requested for the advance on the pledge to be made by cheque payable to the order of the pawner.