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The Law On Pawnshops

Original Language Title: Laki panttilainauslaitoksista

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Law on pawnbroker establishments

See the copyright notice Conditions of use .

In accordance with the decision of the Parliament:

CHAPTER 1

General provisions

ARTICLE 1 (15.8.1997/7)

The pawnshop is a limited liability company established for the purposes of pawnshop activities. The term 'pawnshop' refers to the granting of loans to natural persons in the form of commercial loans to natural persons. The pawnbroker institution shall not receive deposits or other repayable funds from the public.

The borrower is not personally responsible for the loan. The bank, which can only be a cash deposit, is the only collateral.

ARTICLE 2

The pawnshop activity can only be conducted by a pawnshop facility.

This law shall not apply to lending operations against a movable bank which is governed by other law.

ARTICLE 3 (22.12.2009)

Compliance with this law is supervised by the Central Administrative Authority of the Southern Finland Regional Government ( Regional government agency ).

§ 3a (27.8.2010/748)

A contractual condition which deviates from the provisions of this Act to the detriment of the borrower is void.

CHAPTER 2

Establishment

§ 4 (22.12.2009)

The application for a pawnshop activity shall be submitted to the Regional Administrative Agency. The authorisation may also be granted to a pawnshop establishment prior to its registration.

The application for authorisation shall provide the necessary explanation of the ownership, ownership, management and management of the pawnbroker establishment. The application shall be accompanied by the Charter. The Regional Administrative Agency shall also have the right to require any other clarification which it considers necessary. The application for authorisation of a pawnbroker facility shall be subject to the opinion of the police department in question.

Licence shall also be granted in accordance with Council Regulation (EC) No 2157/2001 of the Council Regulation (EC) No 2157/2001 on the Statute for a European Company responsible for the European Economic Area (SE), hereinafter referred to as: European company statute , a European company which intends to transfer its registered office in accordance with Article 8 of the Regulation. The transfer of the seat shall not be registered until the authorisation has been granted. The same applies to the creation of a European company with a registered office in another Member State registered as a European company in Finland.

§ 5 (22.12.2009)

A pawnbroker shall be authorised where, on the basis of the reliability and suitability of the owners and managers of the pawnshop, and on the basis of a report and other explanations, it may be ascertainedthat the pawnshop will be To conduct professional, reliable, sound and sound business principles and to otherwise comply with the provisions of this Act.

The Regional Administrative Agency shall have the right, after consultation with the applicant, to set the conditions necessary for the operation of the PTA.

Articles 5a to 5b

Articles 5a and 5b have been repealed by L 19.12.2008 .

ARTICLE 6

The share capital of the pawn shop shall be at least a million marks.

Equity capital is to be paid in full before the pawnshop starts operations.

§ 7

In addition to the articles of company law, the legal order of the institution is: (1024/2006) , provide for: (21.7.2006/640)

(1) the organisation of the administration of the pawnshop and its branches;

(2) a member of the Board of Directors, an alternate and the Executive Director, and, if the Vice President has been elected, the right of the Deputy Managing Director to belong to the management of another business; and (15.8.1997/7)

3) who are entitled to write the operating name of the institution.

ARTICLES 8 TO 9

Articles 8 to 9 have been repealed by L 15.8.1997/769 .

ARTICLE 10 (22.12.2009)

The establishment and termination of branches of the pawnshop shall be notified to the Regional Administrative Agency.

ARTICLE 11 (22.12.2009)

Before becoming operational, the institution shall submit to the Regional Administrative Agency the following:

(1) a complete extract from the registration of an institution by the registration authority, including the statutes;

(2) the members and alternates of the Board of Directors, the Executive Director and, where the Vice-President has been elected, the name, nationality and domicile of the vice-managing director, auditors and reserve inspectors;

3) an explanation of how the banks are kept and the way in which they are insured.

If a change occurs in the information referred to in paragraph 1, it shall be notified immediately to the regional administrative authority.

Article 11a (22.12.2009)

Prior to the commencement of operations, the pawnshop institution shall notify the regional administrative authority of the owners of the shares in the institution which own at least 10 % of the share capital, or at least 10 % of the share capital of the institution. Or otherwise entitling the holder to exercise comparable influence over the administration of the pawnshop and the size of the holdings. The notification shall provide the necessary information on the size of the share and its owner. The pawn shop shall immediately report any changes in the ownership of the shares.

If the regional management agency finds a stake in the prudent and healthy business of the institution endangering the ownership, the Regional Administrative Board may prohibit the use of the shareholder's voting power.

The Regional Administrative Agency may provide more detailed provisions for the notification of the information referred to in this section to the Regional Administrative Agency.

Article 11b (22.12.2009)

The holder of the authorisation shall provide the Regional Administrative Agency with copies of the audit report and the annual accounts, together with the annexes, within two months of the establishment of the profit and loss account and balance sheet. The holder of the authorisation shall also immediately inform the regional administrative authority of the change in the members of the Board of Directors and the Executive Director, and shall report on the suitability of the Executive Director.

CHAPTER 3

Administration and auditing

ARTICLE 12

The Board of Patents shall have at least three members and at least one alternate member.

The pawn shop has to have a ceo. As provided for in this Act, the Executive Director shall apply mutatis mutandis to the Vice-President if the Vice-President is elected to the institution. (15.8.1997/7)

ARTICLE 13 (18.09.2015/1149)

The statutory auditor's audit is in force, as is the case in the audit law. (17/01/2015) , the Companies Act and this Act.

For each financial year, at least two auditors and one alternate auditor shall be selected for each financial year. At least one auditor and a deputy auditor shall be a KHT auditor or an audit firm which has to be the head auditor of the KHT auditor.

L to 1149/2015 Article 13 will enter into force on 1 January 2016. The previous wording reads:

ARTICLE 13 (13.4.2007)

The statutory auditor's audit is in force, as is the case in the audit law. (209/2007) , the Companies Act and this Act.

For each financial year, at least two auditors and one alternate auditor shall be selected for each financial year. At least one auditor and a deputy auditor shall be a KHT accounting officer or a kHT entity within the meaning of Article 2 (2) of the Audit Act.

Article 13a (18.09.2015/1149)

The Patents and Registration Board shall provide the pawnbroker with an eligible auditor if:

(1) Article 13 has not been complied with;

(2) the auditor is not independent within the meaning of Section 6 or Article 7 of Chapter 4 of the Court of Auditors; or

(3) there has been a breach of the number or eligibility of auditors in the articles of association.

The Patents and Registration Board shall request from the Board of Auditors an opinion on the independence referred to in paragraph 1, paragraph 2, before it is resolved.

The order of the Patents and Registration Board shall remain in force until the statutory auditor is replaced by the auditor referred to in paragraph 1.

The Regional Administrative Agency shall issue a provision as referred to in Article 7 of Chapter 7 of the Companies Act.

The Patents and Registration Board and the Regional Administrative Board may, in the middle of their term of office, dismiss their appointed auditor.

L to 1149/2015 Article 13a will enter into force on 1 January 2016. The previous wording reads:

Article 13a (22.12.2009)

The Regional Administrative Agency shall provide the pawnbroker with an eligible auditor if:

(1) Article 13 has not been complied with;

(2) the auditor is not independent within the meaning of Articles 24 or 25 of the Court of Auditors; or

(3) there has been a breach of the number or eligibility of auditors in the articles of association.

The Regional Administrative Agency shall request from the Board of Auditors of the Central Chamber of Commerce an opinion on the independence referred to in paragraph 1 (2) prior to its resolution.

The order of the Regional Administrative Agency shall remain in force until the statutory auditor is replaced by the auditor referred to in paragraph 1.

The Regional Administrative Agency shall issue a provision as referred to in Article 7 of Chapter 7 of the Companies Act.

In the middle of the term of office, the Regional Administrative Office may separate the statutory auditor from his office.

CHAPTER 4

Business activities

ARTICLE 14

The pawnshop facility shall only engage in the activities of the pawnshop and the activities directly related to it.

The pawnshop institution may only own shares and participations in other pawnshops and entities which carry out activities directly related to the pawnshop or which are otherwise necessary for the institution.

In addition to the provisions of paragraph 2, the pawnbroker institution may own shares or shares in real estate entities for the purpose of pawnshop activities. Other properties and shares or units in real estate entities may be owned by the pawnshop only for a specific reason, subject to the approval of the financial control. (15.8.1997/7)

Article 14a (27.8.2010/748)

The advertising of the loan shall indicate the annual percentage rate of the loan, provided that the advertisement shows the interest rate on the loan or other borrowing costs, or any other information on the terms of the loan agreement. In addition, the advertising shall contain the following information:

(1) the interest rate on the loan and the other cost of borrowing and lending operations;

2) the amount of the loan;

3) the duration of the loan contract;

4) the sum of the loan and loan costs.

The annual percentage rate and the other information referred to in paragraph 1 shall correspond to the conditions normally provided by the pawnbroker facility. The assumptions used to calculate and calculate the annual percentage rate are laid down by a decree of the Ministry of Justice.

Article 14b (27.8.2010/748)

The pawn shop must behave responsibly in the lending facility. In particular, it is required that the pawnshop does not market the loan in such a way that marketing is likely to undermine the ability of the applicant to consider the loan carefully.

§ 15 (30.1.1998/77)

A pawnshop facility shall not receive an object intended to be pledged unless the pledge is shown to demonstrate his identity and is of age or if there are grounds for suspecting that the creditor has no right to pawn such an item.

Article 15a (27.8.2010/748)

Prior to the conclusion of the loan agreement, the pawnbroker facility shall provide the applicant with the following information:

1) the amount of the loan;

(2) the interest rate on the loan and the other cost of borrowing and lending operations;

(3) when the loan is due;

(4) other loan terms;

(5) the right to prematurely pay prematurely and the amount of compensation that may be levied thereon;

6) the annual percentage rate of the loan.

At the request of the applicant, the pawnbroker shall provide the information in writing or in a permanent manner.

ARTICLE 16

The creditor shall be provided with a deposit for the holder.

At the request of a borrower, a deposit may be made to write to his name and indicate that the receipt may be transferred only to a designated person. What is provided for in this Act for the holder of the lien shall also apply to the person to whom the receipt referred to in this paragraph has been transferred and the receipt of the receipt.

When the receipt has been transferred to a designated person, the transferee shall be informed of the transfer to the debtor institution concerned, at the risk that the transferee loses his right to claim the pledge.

§ 17

The amount of the loan is the amount of the loan, the date of the pledge, the maturity date of the loan, the loan principal, the interest rate, the amount of the loan, the amount of the loan and the amount of the loan, and the terms and conditions of the loan. Interest and other borrowing costs referred to above shall be recorded as money. In addition, the receipt shall include the quality and number of the panti and, where appropriate, measure and weight data. (15.8.1997/7)

The pawnshop shall keep a register showing the information mentioned in paragraph 1. In addition, the name, home address and identification number of the borrower shall be entered in the register and, if the deposit is transferred only to the designated person, including this, and the possible transfer of the lien.

ARTICLE 18 (27.8.2010/748)

The loan guarantee institution has the right to charge, in addition to the interest rate, any compensation corresponding to the cost of the loan and deposit. In the course of the loan, the amount of the remuneration and other amounts corresponding to the borrowing costs shall not be altered to the detriment of the borrower.

The pawnshop institution shall not charge interest or other borrowing costs in advance.

§ 19 (27.8.2010/748)

The loan period shall not exceed one year.

The holder shall have the right to redeem before the loan is due, the principal of the loan and the interest and other agreed loan costs for the period during which the borrower uses the credit period. Each month starting from the beginning of the loan, each month shall be calculated for a full month.

The loan can be renewed. A new pledge or other written agreement shall be made between the pawnbroker and the holder of the deposit ticket.

§ 20

The pawn shop shall not release the deposit unless the holder of the deposit voucher proves his identity.

ARTICLE 21

Article 2 of Chapter 10 of the Commerce Code does not apply to the sale of a pledge held by a pawnbroker.

If, in the case of a pledge, shares entitling the holder to control an apartment which is exclusively or principally intended to be used as the residence of the borrower shall, after maturity of the loan, be informed of the maturity of the loan. The notification shall state that, unless the loan is paid by the payment of the principal, interest and other loan costs agreed in the deposit facility within two months of the notification, the pledge shall be sold. The notification shall also include a statement that the shares referred to in this paragraph may also be sold by a real estate agent pursuant to Article 22 (1). (15.8.1997/7)

§ 22

In the absence of a pledge at the latest on the maturity date of the loan, the pawnbroker institution shall have the right to take the measures intended to be sold. The facility must be sold by public auction. However, the shares mentioned in Article 21 (2) are for the duration of the loan, or if they are owned by a person other than the borrower, at the request of the owner, at the request of the owner.

The pawn shop shall not sell the deposit earlier than one month after the date of the loan or in the case referred to in Article 21 (2) two months after the date of notification, unless the holder of the deposit gives his or her agreement. To sell earlier. The consent of the holder of the pantograph shall be allowed to be sold later than four months after the date of the loan only if it is justified by a seasonal or other reason affecting the selling price of the deposit. (15.8.1997/7)

As long as the pledge is yet to be sold, the holder has the right to claim the pledge by executing the loan capital, the interest and the other agreed loan costs and the compensation for the measures to be taken to sell it. The costs incurred. In addition to the interest charged for the loan period, the interest on late payment shall not be charged more than four months after the due date. (15.8.1997/7)

Where the shares mentioned in Article 21 (2) are sold through a real estate agent, they shall be sold at the latest four months after the lodging of the notification referred to in Article 21 (2), provided that the guarantee institution does not give consent for longer During sales. If the pawnbroker institution does not give its consent for a longer period of time, the deposit will be sold at auction. (15.8.1997/7)

§ 22a (15.8.1997/7)

The pawn shop is allowed to buy a deposit at a public auction. The pawnbroker has the right to sell the goods thus acquired.

ARTICLE 23

Gold and silver items whose metallic value can be easily ascertainable shall not be sold below their metal value.

§ 24 (15.8.1997/7)

Securities market sector (495/1989) in Chapter 1 of Chapter 1 Notwithstanding Article 22 (1), the securities shall be sold on the market price at the time of sale at the time of sale in accordance with Chapter 3 of the Securities and Markets Act.

ARTICLE 25 (15.8.1997/7)

Without undue delay, the pawnshop institution shall inform the borrower or the transferor of the surplus from the sale of the pledge if there is a surplus of 300 marks or more.

The pawn shop shall pay the surplus to the holder or the person who, in accordance with Article 27, should have redeemed the pledge. The claim for the payment of the surplus shall be made within one year of the date of sale. Otherwise, the pawnbroker has the right to a surplus. The pawn shop is not obliged to pay interest on the surplus.

The issuing institution shall not levy any deficit resulting from the sale of the pledge.

§ 26

If the receipt has disappeared, the person from whom the receipt has disappeared shall immediately inform the pawnshop body of the disappearance and when and how the loss has occurred.

The pawn shop shall keep a special list of the reported deposit receipts. The person shall have the right to be informed of this list only in so far as it relates to the information relating to the loan to him. The same right is given to the person to whom the lien has been transferred in accordance with Article 16 (3). (15.8.1997/7)

If the person who has reported missing is not the lender, the borrower shall be informed that the receipt has been reported missing.

§ 27

If the borrower or the person to whom the deposit has been transferred has reported the receipt of the deposit, he shall claim the pledge unless there is a claim to it. The redemption is possible after a loan has been received or one month has elapsed since the entry into the list referred to in Article 26 (2). However, at the latest two months after the date of the loan, the deposit shall be redeemed. (15.8.1997/7)

If a person has been reported missing by a person other than the lender, he may claim the pledge unless another claim is made, two months after the date on which the loan is due or, if the notification referred to in Article 26 (3) has been made After, two months after notification.

ARTICLE 28

If there are reasonable grounds for suspecting that the object intended for the deposit has been stolen, or that the lien or otherwise has been unlawfully obtained, the pawnshop shall immediately inform the investigating authority. Similarly, if there are reasonable grounds for suspecting that the holder of the lien or the person who has reported missing persons as referred to in Article 27, without any legal right, is required to claim the pledge.

By way of derogation from Article 1 of the Act on the prevention and detection of money laundering, significant financial instruments (1998) Provides. (30.1.1998/77)

Articles 28a to 28b

Articles 28a to 28b have been repealed by L 30.1.1998/77 .

§ 29

The banks must be securely insured against damage.

CHAPTER 5

Outstanding provisions

ARTICLE 30 (22.12.2009)

Unless otherwise provided for in this Act, legislation on public limited companies shall be governed by the law on public limited liability companies.

The authorisation referred to in Chapter 6, Section 10 (2) and Article 19 (1) of the Sharehold Companies Act shall be issued by the Regional Administrative Office.

Article 30a (22.12.2009)

If the pawnbroker intends to transfer its domicile to another country within the European Economic Area, as provided for in Article 8 of the European Company Statute, the pawnshop shall send to the regional administrative authority a copy of the European Company Statute The transfer plan and report referred to in Article 8 (2) and (3), without delay after notification of the plan by the pawnbroker establishment.

The registration authority shall not issue a European Company Law (742/2004) (5), where the Office of the Regional Government has notified the registration authority prior to the granting of the authorisation referred to in paragraph 2 of the same Article, that the institution has not complied with the transfer of the registered office or that the Provisions concerning the cessation of activities. The permit may be issued before a month has elapsed from the date referred to in Article 6 (2) of Chapter 16 of the Companies Act only if the regional administrative office has indicated that it does not object to the transfer of the seat.

Article 30b (22.12.2009)

Where a pawnbroker is involved in a cross-border merger or division in the European Economic Area, the registry authority shall not issue such a merger under Article 4 (3) of the European Company Statute or Article 26 of Chapter 16 of the Companies Act. Or the certificate referred to in Article 25 of Chapter 17, where the Office has informed the registry authority prior to the granting of the authorisation referred to in paragraph 2 of the same paragraph that the pawnbroker has failed to comply with the merger; Distribution or cessation of activities in Finland Of the Directive. The permit may be issued before a month has elapsed from the date referred to in Article 6 (2) or Article 6 (2) of Chapter 17 of the Companies Act only if the Office has declared that it does not object to the merger or division.

ARTICLE 31

There must be a word in the name of the pawn shop.

Only the pawnshops are allowed to use the name 'pledge' in their activities or otherwise. Notwithstanding the prohibition, the term 'deposit' shall be replaced by 'deposit', if it is apparent that the use of a name is not misleading to the activities of the pawnbroker. (15.8.1997/7)

ARTICLE 32 (15.8.1997/7)

The notification referred to in Article 21 (2), Article 25 (1) and Article 26 (3) of this Law shall be deemed to have been lodged when the notification is sent to the address given by the borrower or the transferee, or by the issuing body, by the borrower. Otherwise known.

§ 33 (15.8.1997/7)

Member of the board and deputy member of the board of the pawnbroker, and, in the event that the Vice-President has been elected to the institution, the Deputy Managing Director, the head of the branch, the auditor and the staff member, or the mandate of those persons The person performing his duties shall be obliged to keep secret what he or she has been unaware of the institution's client or any other private circumstances, financial position or trade or professional secrecy. Information held in secret shall not be disclosed to the general meeting or to the shareholder.

The pawnbroker has an obligation to provide the information referred to in paragraph 1 to the prosecutor and pre-trial authorities in order to investigate the offence and, by the way, to the authority entitled to obtain such information.

The pawnshop institution shall have the right to provide the information referred to in paragraph 1 to the credit institution (610/2014) Article 7 of Chapter 1 (1) to a credit institution within the meaning of paragraph 1 where the provision of information is necessary for the management of the risks of the receiving credit institution. (08.08.2010)

§ 34 (19/12/2015)

§ 34 has been repealed by L 19.12.2008 .

ARTICLE 35 (15.8.1997/7)

Founder, member of the Board of Directors, member of the Board of Directors and Deputy Director and, in the event that the Vice-President has been elected, the Deputy Managing Director and the staff member shall be required to make good the damage he or she has done on purpose or The borrower or the holder of the deposit, or any other person, in breach of this law or of the statutes.

The shareholder of the pawnshop is liable to compensate for the damage he or she contributed to the breach of this law or of the articles of association intentionally or by serious negligence on the part of the pawnbroker; The shareholder or any other person.

§ 36

As regards the settlement of damages and the division of liability between two or more liable parties, the (412/74) Chapters 2 and 6 provide.

ARTICLE 37 (21.4.1995/609)

Every

(1) conduct pawnshop activities in contravention of this law; or

(2) omit the notification provided for in Article 28;

Condemn, unless otherwise provided for by law, a more severe punishment, On a pawnbroker crime Fine or imprisonment for a period not exceeding six months.

The penalty for breach of the obligation laid down in Article 33 is punishable by: Chapter 38 of the Criminal Code In accordance with Articles 1 and 2, unless an act is subject to a heavier penalty elsewhere in the law. (30.1.1998/77)

ARTICLE 38 (15.8.1997/7)

Every

1) infringes Article 1 (1), Articles 14a, 15, 18 or 20, Article 22 (3), Article 23 or Article 25 (3), or

(2) fails to comply with Article 16 (1) and (2), Article 17, Article 21 (2), Article 22 (1), (2) and (4), Article 25 (1) and (2), Article 26 (2) and (3) or Article 29

Shall be condemned, if the act is not minor or otherwise provided for by law, On the pawnact infringement Fine.

The pawnshop offence shall also be denounced by a member of the board of the pawnbroker and a substitute member, the managing director or, where the vice president is elected, a vice president or a member of staff who deliberately provides the authorities with: Incorrect or misleading information about the institution or its client. The same applies to the auditor of the pawnbroker who deliberately misinformation or fails to make a reminder or a declaration of inadequacy or misuse.

§ 38a (30.1.1998/77)

Article 38a has been repealed by L 30.1.1998/77 .

ARTICLE 39 (13.5.2011/469)

When a criminal offence or a breach of which this law provides for a breach of only private law, the prosecutor may not prosecute it unless the plaintiff has declared it to be charged.

ARTICLE 40 (22.12.2009)

The Regional Administrative Agency shall prohibit the establishment of pawnshop activities without the authorisation provided for in this Act.

If the concession holder fails to fulfil its obligations under this law or by the law on the prevention and detection of money laundering and terrorist financing (103/2008) Or provided for in the statutes of the concession holder, the Office may invite the concession holder to fulfil its obligations within the time limit.

The Regional Administrative Agency may impose a periodic penalty payment on the prohibition or request referred to in this Article. The prohibition referred to in paragraph 1 shall, however, be enhanced by periodic penalty payments, unless it is unnecessary for a specific reason. The penalty payment shall be condemned by the administrative court of Hämeenlinna. The penalty payment is laid down in other parts of the (1113/1990) .

Article 40a (22.12.2009)

The Regional Administrative Agency shall withdraw authorisation if:

(1) the activities of the pawnshop have substantially breached the law, the regulation or the provisions laid down or laid down by the authority under them, or where the conditions for granting the authorisation no longer exist;

(2) the pawnshop has ceased operations for more than 6 months;

(3) the activities of the pawnshop have not started within 12 months of the authorisation; or

(4) false information is provided for the application of the authorisation.

If, pursuant to paragraph 1, the regional management agency withdraws the authorisation of a pawnshop, the Regional Administrative Board may at the same time lay down provisions on how the cessation of activities should take place.

The Office shall inform the registry authority of the withdrawal of the authorisation.

If the withdrawal of the authorisation was disproportionate to the circumstances, the regional administration may instead issue a written warning to the concession holder.

Upon application by the pawnbroker institution, the Regional Administrative Agency may withdraw the authorisation of a pawnbroker if the pawnbroker has decided to terminate the operation of the authorisation. The withdrawal of the authorisation referred to in this paragraph shall apply to the provisions of paragraphs 2 and 3.

Article 40b (22.12.2009)

The Regional Administrative Agency shall have the right to obtain the necessary information on the criminal record and the enforcement of the law on the criminal record and the enforcement of the fine (672/2002) Article 46 Of a financial penalty.

The Regional Administrative Agency shall, notwithstanding the provisions of confidentiality, have the right to obtain, upon request, any other information necessary for the enforcement of this law by the authorisation holder.

Article 40c (7.8.2011)

The decision referred to in Articles 5, 40 and 40a shall be subject to appeal by the administrative court in accordance with the administrative law (18/06/1996) Provides.

The rest of the decision may be required to corrigendum to the Administrative Act (2003) Provides. The decision on the request for adjustment shall be subject to appeal by the administrative court as provided for in the administrative law.

The prohibition of the prohibition referred to in Article 40 and the withdrawal of the authorisation referred to in Article 40 (a) shall be subject to appeal as laid down by the Law on Administrative Law. An appeal against any other decision of the administrative court may be lodged only if the Supreme Administrative Court grants an appeal.

The decision to withdraw the authorisation, as referred to in this Act, shall, in spite of the appeal, be complied with, unless the appeal authority decides otherwise.

L to 29/08/2015 Article 40c enters into force on 1 January 2016. The previous wording reads:

Article 40c (19/12/2015)

The decision on the application of the amendment under this Act shall be governed by the law on administrative law (18/06/1996) .

The decision to withdraw the authorisation, as referred to in this Act, shall, in spite of the appeal, be complied with, unless the appeal authority decides otherwise.

ARTICLE 41

More detailed provisions on the implementation of this law shall be adopted, where appropriate, by a regulation.

CHAPTER 6

Entry into force

ARTICLE 42

This Act shall enter into force on 1 January 1993. This law will repeal:

(1) the Regulation of 19 April 1898 on the right to exercise a professional pawnshop;

(2) Declaration of 19 April 1898 on the keeping of pawnshop facilities; and

(3) Executive rule of 19 April 1898 issued to the surveyor of the country's pawnshops.

Before the entry into force of this Act, measures may be taken to implement it.

ARTICLE 43

This law, with the exception of Articles 4 to 5, also applies before the entry into force of the law to a pawnshop which has been authorised to operate a pawnshop. Such an institution shall apply after the entry into force of the law within two years from the date of entry into force of the law.

However, before the entry into force of this Act, the provisions in force at the time of entry into force of this Act shall continue to apply.

THEY 267/92 , TaVM 53/92

Entry into force and application of amending acts:

21.4.1995/609

This Act shall enter into force on 1 September 1995.

THEY 94/93 , LaVM 22/94, SuVM 10/94

15.8.1997/769:

This Act shall enter into force on 1 September 1997.

Within two years of the entry into force of the law, the pawnbroker shall amend its statutes to bring it into line with this law.

Within one year of the date of entry into force of the law, the pawnbroker shall notify the financial inspection of the owners and the size of the holdings of the shares in the pawnshop.

Within two years from the date of entry into force of the law, the pawnbroker facility shall apply for a financial check within the meaning of Article 14 (3), provided that the institution owns buildings and shares in the real estate community, or Shares.

Before the entry into force of this Act, the provisions in force before the entry into force of this Act shall continue to apply.

THEY 16/1996 TaVM 15/1997, EV 83/1997

30.1.1998/77:

This Act shall enter into force on 1 March 1998.

THEY 158/1997 , HVM 26/1997, EV 221/1997 Council Directive 91 /308/EEC

27.6.2003/598:

This Act shall enter into force on 1 July 2003.

If, before the entry into force of this Act, the Ministry of Finance has applied for a licence before the entry into force of this Act, the law shall apply when the law enters into force.

THEY 175/2002 , N ° 27/2002, EV 277/2002

13 AUGUST 2004/757:

This Act shall enter into force on 8 October 2004.

THEY 55/2004 , TaVM 13/2004, EV 107/2004 Council Regulation (EC) No 2157/2001 (32001R2157); OJ L 294, 8.10.2001, p. 1

21.7.2006/640:

This Act shall enter into force on 1 September 2006.

THEY 109/2005 , TaVM (EV).

9.2.2007/142:

This Act shall enter into force on 15 February 2007.

THEY 21/2006 , TaVM 25/2006 EV 252/2006

13.4.2007/478:

This Act shall enter into force on 1 July 2007.

THEY 194/2006 , TaVM 33/2006, EV 293/2006

28.12.2007 TO 1429:

This Act shall enter into force on 31 December 2007.

THEY 103/2007 , EV 115/2007, Directive 2005 /56/EC of the European Parliament and of the Council, OJ L 310, 12.7.2005, p. 1 TO 9

19 DECEMBER 2008:

This Act shall enter into force on 1 January 2009.

THEY 66/2008 , TaVM 20/2008, EV 109/2008

22.12.2009/14:

This Act shall enter into force on 1 January 2010.

Before the entry into force of this Act, measures may be taken to implement the law.

THEY 161/2009 , HVM 18/2009, EV 205/2009

27.8.2010/748

This Act shall enter into force on 1 December 2010.

Pending the entry into force of this Act, the provisions in force at the time of entry into force of this Act shall apply.

THEY 24/2010 , TaVM 10/2010, EV 89/2010, European Parliament and Council Directive 2008 /48/EC (308L0048); OJ L 133, 22.5.2008, p. 66, European Parliament and Council Directive 2009 /22/EC (309L0022); OJ L 110, 1.5.2009, p. 30

13.5.2011/469:

This Act shall enter into force on 17 May 2011.

THEY 286/2010 , LaVM 34/2010, EV 311/2010

8.8.2014/2013:

This Act shall enter into force on 15 August 2014.

THEY 39/2014 , TaVM 6/2014, EV 62/2014

7.8.201548:

This Act shall enter into force on 1 January 2016.

In the case of appeals before the entry into force of this Act, the provisions in force at the time of entry into force of this Act shall apply.

THEY 230/2014 , LaVM 26/2014, EV 319/2014

18.09.2015/1149:

This Act shall enter into force on 1 January 2016.

THEY 254/2014 , TaVM 34/2014, EV 371/2014