All pawnbrokers and secondhand dealers must be licensed.
A pawnbroker is a person conducting the business of lending money on the security of pawned goods; or receiving goods under contract of sale where the seller has the right to buy back the goods.
A secondhand dealer is a person conducting the business of buying, selling or exchanging goods, whether the goods are bought, sold or exchanged on the persons behalf or another person.
There are three categories or licences:
- Secondhand Dealers; or
- Combined Pawnbrokers/Secondhand Dealers.
Persons who sell secondhand parts for motor vehicles (including tyres but not including audio equipment, roof-racks or other accessories) are exempt from requiring a licence.