Section 114

At the time he receives the article, a person who takes any article in pawn under a regulated agreement shall give to the person from whom he receives it a receipt in the prescribed form (a “pawn-receipt ”). A person who takes any article in pawn from an individual whom he knows to be, or who appears to be and is, a minor commits an offence. This section and sections 117 to 122 do not apply to— a pledge of documents of title or of bearer bonds, or a non-commercial agreement.

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Source: legislation.gov.uk · retrieved 2026-07-30