(1) This Act does not
apply to —
(a) an
auctioneer within the meaning of the Auction Sales Act 1973 who is acting in
accordance with a licence issued to, or for the benefit of, the auctioneer
under that Act; or
(b) the
holder of a Firearm Dealer Licence under the Firearms Act 2024 who is acting
in accordance with that licence; or
(c) a
holder of an authorisation under the Motor Vehicle Dealers Act 1973 who is
acting in accordance with the authorisation.
(2) Parts III to VIII
of the Credit Act 1984 do not have effect in relation to the provision of
credit within the meaning of that Act by a person who is acting in accordance
with a pawnbroker’s licence held by or on behalf of the person.
(3) All or any of the
provisions of this Act may be prescribed by the regulations as provisions
which do not apply to persons or classes of persons or to goods or classes of
goods specified in the regulations.
[Section 4 amended: No. 4 of 2002 s. 71; No. 23 of
2024 s. 475.]