Section 11Part 4 — Pawning, Redemption and Sale
Profit and charges allowed
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A pawnbroker may take profit on a loan on a pledge at a rate not exceeding that specified in the Second Schedule.
A pawnbroker may demand and take the charges specified in the said Schedule, in the cases and according to the rules therein stated and prescribed.
A pawnbroker shall not, in respect of a loan on a pledge, take any profit, or demand or take any charge or sum whatever, other than those specified in the said Schedule.
A pawnbroker shall, if required at the time of redemption, give a receipt for the amount of loan and profit paid to him.