CHAPTER 175
PAWNBROKING (PROHIBITION) ACT

[PRINCIPAL LEGISLATION]

ARRANGEMENT OF SECTIONS

   Sections

Title

   1.   Short title.

   2.   Interpretation and exclusion.

   3.   Pawnbroking prohibited.

   4.   Existing pledges.

   5.   Modifications of powers of pawnbrokers and disposal of pledges

   6.   [Repeal of R.L. Cap 226.]

CHAPTER 175
THE PAWNBROKING (PROHIBITION) ACT

An Act to prohibit the business of pawnbroking.

[26th March, 1965]

Act No. 17 of 1965
[R.L. Cap. 586]

1.   Short title

   This Act may be cited as the Pawnbroking (Prohibition) Act.

2.   Interpretation and exclusion

   (1) In this Act, unless the context otherwise requires–

   "business of a pawnbroker" means the business of taking goods in pawn as security for a loan of money or the grant of credit facilities, and includes the business of a keeper of a shop described (with the deletion of the limit of four hundred shillings) in subsection (1) of section 3 of this Act;

   "Minister" means the Minister for the time being responsible for finance.

   (2) Nothing in this Act shall apply to–

   (a)   the taking of goods in pawn as security for a loan, or for the grant of credit facilities, exceeding one thousand shillings, or to the pledge in or the parties to any such transaction; or

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