Singapore legislation

Regulation 12

Particulars to be stated on pawn ticket

For the purposes of section 49(2) of the Act, a pawn ticket must contain the following particulars in English:

(a)

the date on which the pledge is made;

(b)

the identification information of the pawner;

(c)

the amount of the loan secured on the pledge;

(d)

the rate of profit chargeable on the loan;

(e)

a fair description of the pledge, including any manufacturer serial number or other identifiable mark;

(f)

the valuation of the pledge given under section 48(1) of the Act;

(g)

the following statement:“The pledge can be redeemed on or before [the date of the last day of the redemption period].”;

(h)

the name and address of the pawnbroker’s place of business.