32Pawnbroker not to purchase pawned goods

#### 32 Pawnbroker not to purchase pawned goods 32 Pawnbroker not to purchase pawned goods > > (1) Neither a pawnbroker nor an employee or person acting on behalf of a pawnbroker is permitted to buy goods that have been pawned to and are being sold by the pawnbroker. > > > (2) In the case of a corporate pawnbroker, subsection (1) extends to apply to every director of the pawnbroker, as well as to the pawnbroker, its employees and persons acting on its behalf. > > > (3) The title conveyed by a sale in contravention of this section is not valid against the owner of the article. > > > (4) If a person purports to purchase an article in contravention of this section, the pawnbroker to whom the goods were pledged, and that person, are each guilty of an offence. > > > > Maximum penalty—50 penalty units.