You will require this licence if you intend to operate as a pawnbroker. A pawnbroker is a person who carries on the business of lending money on the security of pawned goods. This means you take possession of the goods and are able to sell them if the loan is not repaid within a certain time. This includes goods sold to you with a provision that the seller may buy them back.
You may only apply for this licence as an individual, but you can hold that licence on behalf of a company or a partnership. Please note that if your company has more than one premise, a separate licence is required for each premise. Please consult the Contact Officer for more information.
A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.
To be eligible for this licence, you must:
- Have suitable and secure premises;
- Show compliance with Local Government By-Laws and State legislation;
- Have written evidence from your local council that all relevant approvals for your premises have been obtained;
- Have advertised your intention to apply in a state-wide newspaper within the past 28 days and have a copy of that newspaper as evidence;
- Provide sufficient identification as required by the Agency;
- Provide a letter of intention stating the type of licence sought and the type of goods being traded;
- Be a fit and proper person;
- Submit the required form; and
- Pay the required fee.
If the licence is to be held on behalf of a company, you will also need to provide:
- A letter of authority from the company directors authorising your application;
- A Certificate of Incorporation and extract showing list of directors; and
- A Business Name Registration Certificate and extract showing list of directors.
If the licence is to be held on behalf of a partnership, you will also need to provide:
- A letter of authority from the partners authorising your application;
- A company extract showing the list of partners; and
- A Business Name Registration Certificate and extract showing list of partners.
Please consult the Contact Officer for more information regarding eligibility requirements.
Up to 3 years.
Fees vary depending on individual circumstances. The minimum fee for a new application is $840.
Lodge your application in person with the Agency.
In order to apply you must have published your intention to apply for the licence in a statewide newspaper within the previous 28 days.
At least 10 days from date of application.
Police Licensing Services
Pawnbrokers and Second-hand Dealers Act 1994 (Western Australia)
Pawnbrokers and Second-hand Dealers Regulations 1996 (Western Australia)
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