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31 1964

PAWNBROKERS ACT, 1964

THIRD SCHEDULE

Pawn-tickets, etc.

PART I

Pawn-ticket

Sections 14 (2), 15 (2), 16, 20 (3).

For loan of £2. 0. 0. or under excluding pledges made up wholly or partly of gold, silver or other precious metal or of any precious or semi-precious stone.

(The appropriate particulars are required to be entered by the pawnbroker in the respective blank spaces)

Pledge No.

Pawned with (name of pawnbroker)

of (address of pawnbroker)

this                day of               , 19

by (name of pawner, as entered in the Pledge Book)

of (address of pawner, as entered in the Pledge Book)

(Description of pledge)

(Amount of the loan)

Notes for Information of Pawner*

*To be printed on the front of the ticket or partly on the front and partly on the back.

1. The maximum interest rates and other charges are as set out in the Fifth Schedule to the Pawnbrokers Act, 1964. They are also set out in the Notice exhibited in the pawnbroker's shop.

2. The pledge will become the pawnbroker's absolute property if not redeemed within six calendar months and seven days from the date of pawning. An extension (not exceeding six calendar months) will be allowed on payment of accrued interest.

3. Should the pledge be lost or destroyed or damaged by fire, or depreciate in value through the negligence of the pawnbroker, you may claim compensation.

4. If this ticket is lost, mislaid or stolen, you should at once apply to the pawnbroker for a form of declaration; otherwise the pawnbroker will be bound to deliver the pledge to any person who produces this ticket and claims to redeem the pledge.

PART II

Pawn-ticket

A. For loan of above £2. 0. 0. excluding category B hereunder.

B. For any loan on pledge made up wholly or partly of gold, silver or other precious metal or of any precious or semi-precious stone.

(The appropriate particulars are required to be entered by the pawnbroker in the respective blank spaces)

Pledge No.

Pawned with (name of pawnbroker)

of (address of pawnbroker)

this                day of                , 19    ,

by (name of pawner, as entered in the Pledge Book)

of (address of pawner, as entered in the Pledge Book)

(Description of pledge)

(Amount of the loan)

Notes for Information of Pawner*

*To be printed on the front of the ticket or partly on the front and partly on the back.

1. The maximum interest rates and other charges are as set out in the Fifth Schedule to the Pawnbrokers Act, 1964. They are also set out in the Notice exhibited in the pawnbroker's shop.

2. Pledges not redeemed within the following periods may be sold by auction but may be redeemed at any time before the day of sale:—

Category A. Six calendar months and seven days of grace from date of pawning, with an extension (not exceeding six calendar months) on payment of accrued interest.

Category B. Twelve calendar months and seven days of grace from date of pawning.

3. Within twelve calendar months after sale you may, on payment of a fee of sixpence, inspect the account of the sale in the pawnbroker's book and in the auctioneer's catalogue and receive any surplus produced by the sale. Deficit on sale of one pledge may in certain circumstances be set off against surplus on another.

4. Should the pledge be lost or destroyed or damaged by fire, or depreciate in value through the negligence of the pawnbroker, you may claim compensation.

5. If this ticket is lost, mislaid or stolen, you should at once apply to the pawnbroker for a form of declaration; otherwise the pawnbroker will be bound to deliver the pledge to any person who produces this ticket and claims to redeem the pledge.

PART III

Special Contract Pawn-ticket

(The appropriate particulars are required to be entered by the pawnbroker in the respective blank spaces before signature)

Pledge No.

Pawned with (name of pawnbroker)

of (address of pawnbroker)

this                day of                , 19    ,

by (name of pawner, as entered in the Pledge Book)

of (address of pawner, as entered in the Pledge Book)

(Description of pledge)

(Amount of the loan)

Terms of the special contract*

*To be printed on the front of the ticket or partly on the front and partly on the back.

1. The pawnbroker charges—

(a) For this ticket ___________________________

(b) Interest at the rate per calendar month of _________________________. (If the term of the loan is less than one calendar month, it will be charged for as one month. After the first calendar month, a part of a month exceeding seven days will be charged for as a month and a part of a month not exceeding seven days will not be charged for).

(c) The charge for storage of this pledge will be ______________ per calendar month or any part of a month.

2. This pledge is pawned for the period of ______________ months.

3. After the expiration of that time the pledge may be sold by auction by the pawnbroker. But it may be redeemed by the pawner at any time before the day of sale.

4. Within twelve calendar months after sale the pawner may, on payment of a fee of sixpence, inspect the account of the sale in the pawnbroker's book and in the auctioneer's catalogue and receive any surplus produced by the sale. If, however, within six months before or after that sale, the sale of another pledge or pledges of the same person has resulted in a deficit the pawnbroker is entitled to set off the deficit against the surplus.

5. If a pledge, through default, neglect or wilful misbehaviour on the part of the pawnbroker, is lost, destroyed or is of less value at the time of redemption than it was at the time of pawning, the pawner may apply to the District Court for an order for compensation. The amount of compensation, if any, awarded shall be deducted from the sum payable to the pawnbroker or, as the case may require, shall be paid by the pawnbroker in such manner as the Court may direct.

6. If the pledge is destroyed or damaged by fire the pawnbroker, if the pawn-ticket is tendered to him before the expiry of the period within which the pledge would have been redeemable, will be bound to pay an amount equal to one-half of the amount of the loan, unless otherwise agreed upon by the pawner and pawnbroker.

7. If this ticket is lost or mislaid the pawner should at once apply to the pawnbroker for a form of declaration; otherwise the pawnbroker will be bound to deliver the pledge to any person who produces this ticket to him and claims to redeem the pledge.

__________________________________________Pawnbroker        

__________________________________________Pawner                

PART IV

Receipt

Date                 

Received on redemption of Pledge No. _______

£     s.     d.                   

    Amount of loan

    Interest

    Other charges (to be specified)

_________                

Total

_________                

_____________________                

Pawnbroker