Singapore legislation

Regulation 10

of Pawnbrokers Rules 2015

Regulation 10

Licensee to submit monthly statements

Subregulation 1

For the purposes of section 24(1) of the Act, a licensee must, for each month, submit to the Registrar a statement containing the following particulars:

(a)

the number of pledges taken in the month;

(b)

the total amount of loans given in the month;

(c)

the number of pledges redeemed in the month;

(d)

the total amount of loans repaid in the month;

(e)

the total amount of profit collected in the month;

(f)

the total amount of loans outstanding at the end of the month (including loans given in previous months);

(g)

the number of pledges forfeited in the month;

(h)

the total amount of loans and profit corresponding to the pledges forfeited in the month.

Subregulation 2

The statement for each month must be submitted no later than the 14th day of the following month.

Subregulation 3

A separate statement must be submitted for each licence.

Read in full context — Pawnbrokers Rules 2015 →