Pawnbrokers and second-hand dealer licences

Introduction

You must have a valid licence to be a second-hand dealer or pawnbroker in the Northern Territory.

You can apply for a pawnbrokers licence, a second-hand dealers licence or a combined licence.

You can get a licence as an individual, partnership or corporation, that lasts for a period of one, two or three years.

Licences are not transferable.

You may be fined up to 2500 penalty units for operating without a licence.

When you do not need a licence

You do not need a pawnbroker or second-hand licence if your primary business is any of the following:

  • auctioneer
  • firearms dealer
  • motor vehicle dealer
  • registered financial corporation
  • bank
  • sale of second-hand parts for motor vehicles, including tyres but not including audio equipment, roof racks or other accessories.

A second-hand dealer licence is also not required if you trade in legally exempted goods.

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