Western Australian Current Acts

PAWNBROKERS AND SECOND-HAND DEALERS ACT 1994 - SECT 55

55 .         Sale of unredeemed goods

        (1)         A pawnbroker must not sell pawned goods unless the redemption period has expired.

        (2)         If pawned goods have not been redeemed within the redemption period the pawnbroker must sell the goods —

            (a)         as soon as is practicable after the redemption period has expired; and

            (b)         so as to receive the best price reasonably obtainable.

        (3)         If any question arises as to whether a pawnbroker has complied with subsection (2), the proof of compliance is on the pawnbroker.

        Penalty applicable to subsections (1) and (2) for an individual: $5 000 and 12 months’ imprisonment.

        Penalty applicable to subsections (1) and (2) for a body corporate: $20 000.