Section 15: Pawnbroker advancing smaller amount or receiving higher interest than that specified in accounts to be punishable

The Puducherry Pawnbrokers Act, 1966Union territory Act of Puducherry · Act 11 of 1966

(1) Any pawnbroker who actually advances an amount less than that shown in the pawn-ticket or in his accounts or registers or who takes or receives interest or any other charge at a rate higher than that shown in the pawn-ticket or in his accounts or registers shall be punished with fine which may extend to five hundred rupees.

(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.

Where this provision sits

Act	The Puducherry Pawnbrokers Act, 1966
Section	15
Marginal note	Pawnbroker advancing smaller amount or receiving higher interest than that specified in accounts to be punishable
Jurisdiction	Union territory of Puducherry
Status	In force as published by the source

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