s. 23A (d) the notice referred to in subsection (3) specifies the reason why the higher charge is made; and (e) the owner of the goods agrees in writing to the higher charge; and (f) the pawnbroker serves on the owner of the goods a copy of the agreement referred to in paragraph (e). S. 23A 23A Return of residual equity in unredeemed goods that inserted by are sold No. 93/2001 s. 31. (1) In this section— means the amount of money advanced by a loan pawnbroker on the security of pledged goods; means the period for which the loan period pawnbroker has agreed to keep pawned goods as security for a loan; means the sum of outstanding amount of the loan the loan and the accrued interest less the sum of all payments made; means pledged goods received by a pawned goods pawnbroker in pawn; does not include any reasonable costs of sale prescribed costs; means the amount of the residual equity difference, if any, between the amount obtained on the sale of pawned goods, and the total of the outstanding amount of the loan and the reasonable costs of sale. (2) If a pawnbroker sells unredeemed pawned goods after the expiry of the loan period, the person who pawned the goods is entitled, for a period of 12 months after the sale, to claim from the
(d) the notice referred to in subsection (3) specifies the reason why the higher charge is made; and (e) the owner of the goods agrees in writing to the higher charge; and (f) the pawnbroker serves on the owner of the goods a copy of the agreement referred to in paragraph (e). S. 23A inserted by No. 93/2001 s. 31. 23A Return of residual equity in unredeemed goods that are sold s. 23A (1) In this section— loan means the amount of money advanced by a pawnbroker on the security of pledged goods; loan period means the period for which the pawnbroker has agreed to keep pawned goods as security for a loan; outstanding amount of the loan means the sum of the loan and the accrued interest less the sum of all payments made; pawned goods means pledged goods received by a pawnbroker in pawn; reasonable costs of sale does not include any prescribed costs; residual equity means the amount of the difference, if any, between the amount obtained on the sale of pawned goods, and the total of the outstanding amount of the loan and the reasonable costs of sale. (2) If a pawnbroker sells unredeemed pawned goods after the expiry of the loan period, the person who pawned the goods is entitled, for a period of 12 months after the sale, to claim from the
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