News


Licensing - Pawnbroker and Second-hand Dealers

A person who carries on the business of a Pawnbroker or Second-hand Dealer must hold a licence in the Northern Territory. Operating as a Pawnbroker and/or Second-hand Dealer without a licence may incur a maximum fine of $50,000.

Pawnbroker and Second-hand Dealer legislation Part 14 of Consumer Affairs and Fair Trading Act

A definition of a Pawnbroker is contained in “Licences for Pawnbrokers

A definition of a Second-hand Dealer is contained in “Licences for Second-hand Dealers”.

Licensing Information

The following checklists will assist in ensuring that you provide all the relevant information for your application to be processed:

The same application form is used to apply for a Pawnbrokers licence, or a Second-hand Dealers licence, or a Pawnbroker and Second-hand Dealers licence, AND for either a company or individual or partnership.

New Licences

Cheques should be made out to the “Receiver of Territory Monies” or “RTM”

Existing Pawnbroker and Second-hand Dealers

When renewing your licence, please fill out the application form and send in with the prescribed fee (please see “Fee Schedule”) plus a Statutory Declaration stating that you have not been involved in any criminal activity involving fraud, dishonesty or physical violence since being issued with your licence. This needs to be done for each person involved in the licence (ie each director or partner etc).

Cheques should be made out to the “Receiver of Territory Monies” or “RTM”

 

Top