(1) A pawnbroker must
ensure —
(a) that
all pawned goods are marked or labelled with the distinguishing number of the
contract under which the goods were pawned; and
(b) in
the case of pawned goods received under a contract for sale where the seller
has a right to buy back the goods — that the goods are marked or
labelled in a manner that identifies them as goods that are subject to that
right.
(2) A second-hand
dealer must ensure that all second-hand goods obtained by the dealer that are
for sale or exchange by the dealer are marked or labelled with the
distinguishing number of the contract under which the goods were obtained.
Penalty: $2 000.
[Section 47 amended: No. 46 of 2006 s. 18.]