Consumer Affairs and Fair Trading Act 1990
304Buyer may be compensated
Start here
Get a plain-English read of 304
Turn the raw legal text into a practical explanation grounded in Consumer Affairs and Fair Trading Act 1990.
304 Buyer may be compensated Where a person buys or purports to buy goods from a pawnbroker or second-hand dealer and title to the goods, as a matter of law, either: (a) does not pass to the buyer; or (b) having passed to the buyer, revests in a person who was the owner of the goods; the buyer may recover from the pawnbroker or dealer in a court of competent jurisdiction, the amount paid by the buyer to the pawnbroker or dealer and any other costs reasonably incurred in relation to the acquisition and loss of the goods.