OpenLegislation

Paragraph 10

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In a case where paragraph 9 above does not apply, the amount by which the net proceeds of sale fall short of the sum which would have been payable for the redemption of the article taken in pawn on the date of the sale, being the amount for which the debtor remains liable under section 121(4) of the Act.