Trader Licence (Pawnbroker) - Australian Capital Territory

Description

You will require this category of Trader Licence if you intend to act as a pawnbroker. Pawnbrokers are involved in the:

  • advance of money on the security of goods pledged by the customer
  • offer goods for resale.
You may apply for this licence if you are:

  • an individual
  • a partnership
  • a corporation
  • an association under the Association Incorporation Act 1991 (ACT).

Please use the contact details below to find out more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this licence you must:

  • be at least 18 years of age
  • not have committed an offence against the Act or a corresponding law of another State or Territory
  • not have committed an offence involving fraud or dishonesty
  • not have been refused a licence, or had a licence cancelled or revoked under this Act or a corresponding law of another State or Territory
  • pay all the relevant application fees.
If you hold a licence in another State or Territory and intend to conduct work in the Australian Capital Territory your licensing status may be recognised under the mutual recognition system.

Please consult the Contact Officer for more information regarding eligibility requirements.

Ongoing eligibility requirements

To comply with this licence you must maintain a register detailing:

  • an accurate description of pawned articles
  • the amount lent
  • the rate of interest (weekly or monthly)
  • the date the article was pawned
  • the address given by the person.
Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Maximum 5 years.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $160.00

One year.
Apply Application All $723.00

Five years.
Renew Application All $73.00

For 10 days in 1 year.

Act(s) name

Traders (Licensing) Act 2016 Australian Capital Territory

Regulation(s) name

Traders (Licensing) Regulation 2017 Australian Capital Territory

Application process

Apply

Your completed application must be supported by two forms of personal identification for each individual, partner or executive officer, and any other documentation as required by the authority. Please view the application form for details.

Administering agency

Chief Minister, Treasury and Economic Development Directorate

Access Canberra

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Please use these contact details for help or more information:

Business and Industry Licensing

Access Canberra

Chief Minister, Treasury and Economic Development Directorate
Mailing address: GPO BOX 158
Canberra, Australian Capital Territory 2601
Phone: 02 6207 3000
Phone: 13 22 81
Email: accesscanberra.bil@act.gov.au