Amendment status not verified — confirm the current text below against the official source.
Amendment of section 16.- In section 16 of the principal Act, (a) after clause (7) the following shall be inserted, namely,- “(8) shall not use any coercive action either by himself or by his agents or family member for recovery of money from the pawner and any form of coercive recovery shall be liable for punishment under the provisions of this Act and empower the Registering Authority to suspend or cancel the Registration of such pawn broker as provided under the provisions of this Act. Explanation: For the purposes of this section, "coercive Action" by a pawn broker against the pawner include the following, namely:- (vi) exerting pressure or obstructing or using violence to or insulting or intimidating the pawner or his/her family members, or (vii) persistently following the pawner, his/her family member from place to place or interfering with any property owned or used by him/her or depriving him/her of, or hindering him/her in the use of any such property, or (viii) frequenting the house or other place where the pawner resides or works, or carries on business, or happens to be, with an intension of taking coercive action, or (ix) using the service of private or outsource or external agencies, criminal background to negotiate/urging the pawner to make payment using coercive and undue influence, or (x) Seeking to take forcibly any document from the pawner which entitles the pawner to a benefit under any Government programme.” (b) for the words "six months", the words "ten years", shall be substituted; (c) for the words "one thousand rupees", the words "five lakh rupees", shall be substituted; and 29 (d) the proviso shall be omitted.