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In forceUpdated to 1 Jan 2006Read it in Bahasa Malaysia

Part II · Pawnbroker’S Licence

11. Revocation and suspension of licence

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(1)

If a licensee—

(a)

has been carrying on his pawnbroking business, in the opinion of the Registrar, in a manner detrimental to the interest of a pawner or to any member of the public;

(b)

being—

(i)

an individual, has been declared a bankrupt;

(ii)

a company, has been wound up or dissolved by a court;

(iii)

a partnership, firm or body of persons, has been dissolved;

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(c)

has contravened any provision of this Act or any regulation made under this Act;

(d)

has been licensed as a result of a fraud or a mistake or misrepresentation in any material particular; or

(e)

has failed to comply with any of the conditions stipulated by the Registrar, the Registrar may, subject to section 11A, revoke the licence issued to the licensee or suspend the licence for such period as the Registrar thinks fit.

(2)

A revocation or suspension of a licence under this section shall not affect any pawning transaction made before such revocation or suspension, other than a transaction in respect of which such revocation or suspension is made.

(3)

Where a licence has been revoked or suspended, the licence shall have no effect from the date of revocation of the licence or during the period of suspension of the licence, as the case may be.

Report

Part III

Pawning and Redemption

Part IV

Prevention of Unlawful Dealings

Part V

Part VI

Penalties and Forfeiture

Part VII

General

Schedules