Pawnbroker and second-hand dealer system software specification

Licensee records of MAC addresses may assist police with identifying and locating possible stolen electronic goods. To assist licensees, a step-by-step guide on how to access MAC addresses from different types of devices and operating systems has been developed by NSW Police.

A device may have more than one MAC address if it has multiple network interfaces. For example, a computer with an ethernet, and Wi-Fi connection.

The PPS Act sets out rules relating to the priority and enforcement of security interests in personal property. Pawnbrokers and second-hand dealers may be required to comply with the PPS Act. For more information, go to the PPSR website. Pawnbrokers and second hand dealers. Information for specific industries Employment placement services.

Entertainment industry. Fire safety practitioners. Fitness services. Funeral industry. Market stall holders. Motor dealers Personal properties security for motor dealers. Motor vehicle recyclers. Motor vehicle repairers. Retirement village contracts. Sharing economy platforms. Smart meters. Tattoo parlours. Training providers and marketers. Travel agents. Ticket reselling. Trading on public holidays. Share this page Facebook Twitter Linkedin Email. Documents Licence application form Ownership statement by customer template Rights and obligations of a pawnbroker template.

On this page: Recent changes Getting a licence Running your business Pawnbroking transactions Exemptions Other important information Recent changes There have been recent changes that came into effect from 12 February Getting a licence You need a licence to run a business as a pawnbroker in NSW, or for a business where you buy and sell second-hand goods.

Pawnbroking licence A pawnbroker is any person or company that lends money to people who leave something of value with the pawnbroker as collateral. Second-hand dealing licence A second-hand dealer is any person or company who has a business where they buy, sell, exchange or otherwise deal in second-hand goods. How to get a licence Apply by completing the application form and submitting it at a Service NSW centre near you, or email it to businesslicensing customerservice.

You will be ineligible if you are found to be - a disqualified person under section 8A of the Act a controlled member of a declared organisation within the meaning of the Crimes Criminal Organisations Control Act charged with an offence involving dishonesty secretary may await outcomes of proceedings before determining the application You will need to pay the appropriate application fees before we process your application.

Running your business All licensees must display signs at their business, keep electronic records, and check the identity of customers. Most businesses also need to hold goods for at least 14 days before selling them. Clearly display signs Signs need to be clear and displayed so that customers can easily read them. Licence information Display at each place of business: the name of the licensee the licensee's number the category of licence.

Before you purchase an item or accept a pawn, your customer must complete an ownership statement that includes: details of the licensee details of the supplier a detailed description of the goods. Observe the retention period Second-hand dealers must hold regulated goods for 14 days after receiving them.

The goods cannot be altered until after this retention period has ended. During this time, second-hand dealers must keep the goods on notified premises. Keep compliant records Licensees need to make records and keep them for three years. The details that you need to keep are in Part 2 of the Pawnbrokers and Second-hand Dealers Regulation , and include information about: transactions where second-hand goods are acquired or disposed of transactions where pawned goods are redeemed or disposed of employees.

Market promoters must keep records of: all vendors selling second-hand goods at a market the kinds of goods sold person selling or pawning the goods a description of the goods the date the transaction takes place the price paid for the goods. Forms of records Generally, licensees must create and store records electronically, using approved record-keeping software. Report records to NSW Police Licensees need to report electronic records within three days of making them.

Use compliant electronic record-keeping software Computer software must comply with the Pawnbroker and Second-Hand Dealer System Software Specification released in September If you want to buy software from a developer, you may contact an industry association for more information about software providers: Pawnbrokers Association of NSW Tel.

Stolen goods NSW Police can require you to hold goods that they suspect were stolen or unlawfully obtained for 56 days. If needed, this can be extended by another 56 days. Recovery of stolen goods If a person tells you that you are in possession of stolen goods, you must direct the person to report this to the police. If the theft or unlawful dealing of the goods has been reported to the police before, the person known as a claimant must provide the police with: documentary evidence of ownership, or a statutory declaration, and make a written claim to the police they are the owner of the goods and that the goods have been stolen or otherwise unlawfully dealt with.

After receiving it, you have 28 days to: return the goods to the claimant, or lodge a hearing to have the matter resolved with the NSW Civil and Administrative Tribunal. Pawnbroking transactions Some rules apply to pawnbrokers only. Details of the pledge: the date of the pledge the total amount lent on the goods a fair and reasonable description of the goods, including each identifying number or other mark the name and residential address of the owner of the goods and any agent through which they are pawned.

Interest, fees and charges: the interest rate charged by week, month or other period any other charges an equivalent annual interest rate a statement that the pawner has the option of paying interest monthly if the interest period is going to be greater than a month the agreed frequency of interest charges and when they become payable for example, on a Friday or on the 20th of the month an itemised statement of: the fees and charges that are or may become payable, including those deductible from the proceeds of sale of the goods the amounts of the fees and charges the manner of calculating the fees and charges.

Redemption of items: whether goods can be redeemed separately if the pawn ticket covers more than one item the address where the goods will be held during the redemption period the date on which the redemption period ends the method by which the goods will be sold if they are not redeemed. Rights and responsibilities: Your customer must be provided with information that explains their rights and responsibilities. We have a template you can use. You can incorporate the wording into the pawn agreement or provide it as an attachment.

You should not modify the wording of the statement. Enter into an extending agreement if needed A pawnbroker and a customer can agree to extend the redemption period even if the original redemption period has expired. The agreement must: include an identifying reference to the original agreement which must be attached or incorporated include the new redemption period the date the extending agreement was entered into specify any new or varied rates, fees or charges be signed by the pawner or the person extending the agreement for the pawner.

Sell unredeemed items for the best price possible If a customer does not redeem their goods during the redemption period, you can sell the items. You must post the notice to the last known address of the customer. It should: include any amount that may be claimed state that the person is entitled to receive that amount at the business premises of the pawnbroker, or in another agreed way, at any time within 12 months of the sale. Exemptions We can grant unconditional or conditional exemptions.

See the list of current exemptions Second-hand dealers with an exemption from electronic record-keeping rules because they held a licence before will need to keep electronic records by 1 January The CAPSS is funded entirely by secondhand dealers and pawnbrokers license fees and will be made available free of charge to authorized law enforcement agencies.

The CAPSS will replace the existing manual paper processes and is anticipated to create efficiencies as well as eventually reduce costs associated with postage and storage of thousands of paper copies. Law enforcement personnel will be able to access information using the same system and will no longer have to rely on retrieving JUS data from hard-copy forms.

Additionally, a technical interface will be developed with the existing DOJ Automated Property System and specific features will be created in CAPSS to assist law enforcement agencies in their investigatory efforts related to the identification and location of stolen property.

Current law requires secondhand dealers and pawnbrokers to begin using the new system on and after the date the DOJ implements the new system. In addition, for the first-thirty 30 days after implementation, secondhand dealers and pawnbrokers must also continue to report transactions via the current paper method utilizing the JUS form in addition to using the new system.

As such, additional information regarding system readiness will be provided via this website to assist users in their preparedness efforts ahead of system implementation. Skip to main content. Search Search. Home About. Programs See All Programs. Below are some basic facts and specifications for data submission: System will allow for a single XML file with one or more property transaction reports see XML data specifications document.

Each property transaction report PTR can contain multiple property transaction items. There is no limit to the number of items that can be included as part of a single property transaction report.

The Customer signature and thumbprint will be required.