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HomeMy WebLinkAboutOld Gold ShopSCHEDULE 17 OLD GOLD SHOP 1. In addition to the licensing requirements set out in section 4 of this By-law, an Applicant for an Old Gold Shop Licence shall supply the following: a) Planning Approval; and b) Police Record Check. 2. Every Old Gold Shop Licensee shall: a) maintain a record of all gold, jewellery, or other precious metals purchased or acquired. The record shall: i. be in the English language; ii. include the date and time of purchase or acquisition; iii. contain the price paid for the old gold, jewellery, or precious metals; iv. include the name, address, birthdate, type of identification, signature and description of the person from who the purchase or acquisition was made; V. contain a full description of the old gold, jewellery, or precious metals, including weight, material, colour, and karat; and vi. include a photograph of each piece that shall bears an identifying mark to connect it to the item in the record. 3. No Old Gold Shop Licensee shall: a) obtain any gold, jewellery, or other precious metals from any Person who is known to be or appears to be: i. under the age of eighteen (18) years; or ii. under the influence of alcohol or a drug. b) obtain any gold, jewellery, or other precious metals between the hours of 11:00 p.m. one day and 7:00 a.m. the following day; c) obtain any gold, jewellery, or other precious metals without requesting and being presented with identification containing a photograph, birthdate, and the name of the person selling, exchanging, or disposing of the gold, jewellery, or other precious metals; or d) alter, repair, or dispose of any gold, jewellery, or other precious metals, or a part thereof, purchased or acquired until after fifteen (15) days from the date of the purchase or acquisition. 4. During the fifteen (15) days referenced in subsection 3.d) above, the gold, jewellery, or other precious metals purchased or acquired shall remain on the Licensed Premises and shall be kept in a separate location from other gold, jewellery, or other precious metals previously purchased or acquired by the Licensee and shall be subject to inspection by an Officer at any time during business hours.