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Secondhand dealers and pawnbrokers company application Secondhand Dealers and Pawnbrokers Act 1989 Important notice: Enter text in spaces provided only. The Business Licensing Authority (BLA) will
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Second-hand dealers and pawnbrokers are businesses that buy and sell used merchandise or offer loans using personal property as collateral.
Second-hand dealers and pawnbrokers are required to file by businesses that engage in buying, selling, or loaning on personal property.
Second-hand dealers and pawnbrokers can be filled out by providing information on the items bought or sold, customers involved, and any loans made.
The purpose of second-hand dealers and pawnbrokers is to monitor transactions involving used merchandise and personal property to prevent illegal activities such as fencing stolen goods.
Information that must be reported includes details about the items bought or sold, customer identification, and loan terms.
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