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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 1965 - onwards
Version 2 of 2

Seventh Schedule - Regulations governing auctioning of pledges

Section 30.

1. The auctioneer shall cause all pledges to be exposed to public view.

2. He shall publish catalogues of the pledges, stating -

(1) the pawnbroker's name and place of business;

(2) the month in which each pledge was pawned;

(3) the number of each pledge as entered at the time of pawning in the pledge book.

3. The pledges of each pawnbroker in the catalogue shall be separate from any pledges of any other pawnbroker.

4. The auctioneer shall insert in a public newspaper circulating in the area in which the pawnbroker's premises are situated an advertisement giving notice of the sale and stating -

(1) the pawnbroker's name and place of business;

(2) the month in which the pledges were pawned.

5. The advertisement shall be inserted at least three clear days before the first day of the sale.