Signs required by law
All second-hand dealers and pawnbrokers must display a:
- current registration certificate, or a copy of this certificate, in a prominent place at each place where the business is conducted. Failure to comply carries a maximum fine of 60 penalty units.
- Notice of stolen goods (PDF, 6KB) in a prominent place at each business premises so that the notice is clearly visible to the public. Failure to comply carries a maximum fine of 60 penalty units.
You must also display a Notice of pawnbroker charges (PDF, 7KB) in a prominent place, in or outside each business premises. It must:
- be clearly visible to the public from outside the premises
- show the maximum amount charged weekly or monthly, or any other period normally used by the pawnbroker on a pawn transaction
- state that in special circumstances a higher amount may be charged
- state the charge in dollar amounts, and not as a percentage rate.
Failure to comply carries a maximum fine of 20 penalty units.
The notices referred to above are available on Fees and forms – second-hand dealers and pawnbrokers.
Please note: by printing and using our notices you will meet the wording and font requirements specified under law. It is important that you comply with these requirements.
Notices given to a person who pawns goods
You must give the following notices to a person who pawns goods:
Failing to give any of these is an offence which carries a maximum fine of 20 penalty units.
Pawn ticket requirements
A pawn ticket must include the:
- name and address of the pawnbroker
- full name and address of the person the goods are received from
- date of the loan
- amount loaned
- description of the goods pawned
- number of the pawn transaction
- pawnbroker's charge
- period of the loan, and
- amount(s) paid and date(s) of payment.
The ticket must be updated each time a payment is made.
Lost pawn ticket
You must issue a duplicate ticket if a customer produces a statutory declaration that their ticket has been lost or stolen, and provides proof of identity. It is an offence to charge for a replacement ticket.
For more information on the identity requirements for people selling or pawning goods, view Evidence of identity.