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Consumer Affairs and Fair Trading Act 1990
294Unredeemed goods not to be bought by or on behalf of
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294 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 or a pawnbroker/second-hand
dealer's licence is held by a partnership or body corporate, a person
who is:
(a) one of the partners; or
(b) the body; or
(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.
Consumer Affairs and Fair Trading Act 1990 119