Western Australian Current Acts

PAWNBROKERS AND SECOND-HAND DEALERS ACT 1994 - SECT 56

56 .         Unredeemed goods not to be bought by or on behalf of pawnbroker

        (1)         A pawnbroker, or a person acting on behalf of a pawnbroker, must not buy goods that have been pawned to and are being sold by the pawnbroker.

        (2)         Where a pawnbroker’s licence is held on behalf of a partnership or body corporate, any person who is —

            (a)         one of the partners;

            (b)         the body;

            (c)         one of the body’s officers; or

            (d)         acting on behalf of a person referred to in paragraph (a), (b) or (c),

                must not buy goods that have been pawned to and are being sold by the pawnbroker.

        Penalty for an individual: $5 000 and 12 months’ imprisonment.

        Penalty for a body corporate: $20 000.