Section 23Part 3 — OPERATION OF SECONDHAND DEALING BUSINESS
Obligation to retain article in unaltered state
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A secondhand dealer shall retain in his possession, in its original or unaltered state, every article acquired during the course of his dealings for a period of fourteen days from the date of his gaining possession of the article unless before the expiration of that period a notice to hold under section 12 is issued.
Every article retained under subsection (1) shall be stored in a safe place from which it can be easily retrieved for inspection.
For the purposes of this Part, "unaltered state" includes where —
no physical changes are made to the appearance or to the make-up of an article;
the precious metal or semi-precious metal is not melted, worked or manipulated into another shape or form;
the precious stones or semi-precious stones are not —
removed from their settings nor are additional stones included in the setting; and
otherwise altered to change their appearance.
Defined Terms
unaltered state
Cross References
- Section 12 of Secondhand Dealers Act
notice to hold under section 12
Referenced By
- Section 24 — Disposal of articles by dealers
notwithstanding section 23 regarding retention period
- Section 26 — Offences
article retention