283Keeping of records

283 Keeping of records (1) A pawnbroker must ensure that all records required to be made under section 279, a copy of all the pawnbroker's pawn tickets and all affidavits provided to the pawnbroker under section 286 are kept: (a) for at least one year from the time when the goods are redeemed or sold; and (b) in the prescribed manner or form. (2) A second-hand dealer must ensure that all records required to be made under section 281 and a copy of all receipts given under section 282 are kept: (a) for at least one year from the time when the goods are disposed of by the dealer; and (b) in the prescribed manner or form. (3) A pawnbroker or second-hand dealer must ensure that: (a) the records required to be kept under section 275, insofar as they relate to a person who is currently employed by the pawnbroker or second-hand dealer; and (b) all other records required to be kept under this Part that relate to contracts entered into within the previous 12 months; and (c) all other records kept in the course of carrying on business as a pawnbroker or second-hand dealer within the previous 12 months;

Consumer Affairs and Fair Trading Act 1990 113 are kept at the business premises nominated in the licence for that purpose. (4) A pawnbroker or second-hand dealer must ensure that: (a) the records required to be kept under section 275, insofar as they relate to a person who was, but no longer is, employed by the pawnbroker or second-hand dealer; and (b) all other records required to be kept under this Part that relate to contracts entered into other than within the previous 12 months; and (c) all other records kept in the course of carrying on business as a pawnbroker or second-hand dealer, other than such records kept within the previous 12 months; are kept at a place nominated in the licence for that purpose. (5) The holder of a pawnbroker/second-hand dealer's licence must keep those records he or she is required under this Part to keep in relation to his or her business as a pawnbroker separate from those records he or she is required under this Part to keep in relation to his or her business as a second-hand dealer. (6) An authorised officer may require a licensee to produce for inspection a record required to be kept under this Part and the licensee must not refuse or fail to comply with the request: (a) for records required to be kept at the business premises – immediately; or

Consumer Affairs and Fair Trading Act 1990 114 (b) otherwise – within the period, being not less than one business day after the day on which the requirement is made, that the authorised officer specifies.