(1)  A second-hand dealer must keep records containing such particulars as may be prescribed of all second-hand goods bought or received that exceed in value such amount as may be prescribed.

(2)  A pawnbroker must keep records of all goods received in pawn, stating the date of pawn and the date on which the goods were redeemed.

(3)  The Minister may, by order published in the Gazette , exempt a person, a class of persons or persons who are engaged in a trade specified in the order from compliance with this section and any such exemption may be made subject to such conditions as the Minister thinks fit.

(4)  A second-hand dealer or pawnbroker who, without reasonable excuse, fails to comply with this section is guilty of an offence and is liable on summary conviction to a fine not exceeding 20 penalty units.