# Consumer Credit Act 1974, Section 114: Pawn-receipts.

Extent: E+W+S+N.I.

(1) 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 ”).
(2) 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.
(3) This section and sections 117 to 122 do not apply to—
(a) a pledge of documents of title or of bearer bonds, or
(b) a non-commercial agreement.

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Source: https://www.legislation.gov.uk/ukpga/1974/39/section/114 (the official version)
Page: https://openlegislation.uk/consumer-credit-act-1974/section-114
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.