Queensland Consolidated Acts

SECOND-HAND DEALERS AND PAWNBROKERS ACT 2003 - SECT 63

63 Sale of pawned property

(1) If a redemption period for pawned property expires and section 62 (4) applies to the property, the property may be sold at the place where the pawn was taken or by public auction.

(2) At least 4 days before property is sold by public auction, the pawnbroker selling the property must give notice of the sale at least twice in a newspaper circulating generally in the area the property was pawned.

Penalty—

Maximum penalty—100 penalty units.

(3) The notice must describe the property to be sold and state when it was pawned.