Consumer Credit Act 1974

114 Pawn-receipts. U.K.

(1)At the time he receives the article, a person who takes any article in pawn under a regulated agreement shall give to the person from whom he receives it a receipt in the prescribed form (a “pawn-receipt ”).

(2)A person who takes any article in pawn from an individual whom he knows to be, or who appears to be and is, a minor commits an offence.

(3)This section and sections 115 to 122 do not apply to—

(a)a pledge of documents of title [F1or of bearer bonds], or

(b)a non-commercial agreement.

Textual Amendments

Modifications etc. (not altering text)