Amendment status not verified — confirm the current text below against the official source.
(1) Any pawnbroker who actually advances an amount less than that shown in the pawn-ticket smaller amount or or in his accounts or registers or who takes or receives receiving higher interest or any other charge at a rate higher than that interest thrl, shown in the pawn-ticket or in his accounts or regis- that specificti ters shall be punished with fine which may extend in lo to five hundred rupees. he pun~shnble. (2) If a pawnbroker is convicted of an offence under sub-section (1) after having been previously convicted of such an offence, the Court convicting him may order his licence as a pawnbroker to be cancelled. 1943 : T.N. Act XXIU] Pawnbroicers 915 i 1 [16, A pawnbroker, who- Certain other ! , / acts of (1) takes an article in pawn from any person f'z'brokers ,'appearing to be under the age of eighteen years, punishable, t or to bc of unsound mind ; or (2) purchases or takes in pawn or exchanges 'a pawn-ticket issued by another pawnbroker ; or (3) employs any person under thc age of eighteen years to take pledges in pawn ; or (4) under any pretence purchases, except at a public auction, any pledge khile in pawn with him ; or (5) s~ffers any pledge whilc in pawn with him to bc rckmed with a view to his purchasing it ; or (6) mkes any contract or agreernellt with any Person pawning or offering to pawn any article, or with the cwner thereof, for the purchase, sale or dis- position ixreof within thc time of redemption ; or (7) s:ils or otherwise disposes of any pledgc pawned u-ti1 him except at such tiille and in such manner L .s authorised by or undcr illis Act, shall be iiilahed with i~npri~onmenl for a term whicb may extsii a) six n~onths or with finc \vIvic11 may exlend t c ne thoi~sand ruj,ccs or wit11 both.1