[HISTORY: 1984 Code §§ 114-1—114-12
as amended through December 31, 2016. Amendments noted where applicable.]
Any person, partnership or corporation in the full or part-time
business of purchasing gold, silver, precious metals and gems in the
City of South Amboy shall maintain a written record of all purchases
and operate in compliance with N.J.S.A. 51:6A-1 et seq. and N.J.S.A.
2C:21-36. (New)
Said record shall be in a book, non-loose-leaf form, with all
pages numbered in sequence. All entries shall be made in pen or ink.
There shall be no spaces between entries, and each entry shall be
numbered in sequence. The book shall include consecutive prenumbered
entries with corresponding consecutive prenumbered sales slips.
A.
The purchaser shall issue to the seller and keep for his own records,
for not less than one year, a serialized receipt for each purchase
of precious metals containing the following:
(1)
The name and address of the buyer;
(2)
Date of the transaction;
(3)
The names of the precious metals purchased;
(4)
The finenesses of the precious metals purchased;
(5)
The weights of the precious metals purchased;
(6)
The prices paid for the precious metals at the standard measures
of weight and fineness prescribed by the Superintendent of Weights
and Measures;
(7)
The name, address and signature of the seller of the precious metals.
(N.J.S.A. 51:6A-1)
The purchaser shall require that the seller present current,
reliable photo-bearing, valid state or federal identification. The
record shall reflect the nature of the identification presented. (N.J.S.A.
2C:21-36)
The purchaser shall make the record available for inspection
to any law enforcement officer, upon demand, without the need for
advance notice. The record and digital photographs of the precious
metals purchased shall be kept at the purchaser's business premises.
(N.J.S.A. 2C:21-36)
Each dealer doing business in the City of South Amboy shall
deliver to the Chief of Police the description of all items purchased,
received or sold, within 72 hours of the completion of the transaction,
on forms prescribed by the Chief of Police.
No dealer shall sell, melt, change the form of or dispose of
any articles purchased or received within 10 business days from the
date the notification is made to the Chief of Police, and all such
items shall remain on the premises where the purchase was made at
least 10 days. (N.J.S.A. 2C:21-36)
In addition to the penalty provided at N.J.S.A. 51:6A-3 any
person who shall violate any provision of this chapter or shall fail
to comply with any of the requirements thereof shall, upon conviction
thereof, be punished by a fine not exceeding $500 or by imprisonment
for a term not exceeding 90 days, or both. A separate offense shall
be deemed committed on each day during or on which a violation occurs
or continues.
All persons, partnerships and/or corporations engaged in the
full- or part-time business of buying precious metals or jewels in
the City of South Amboy must, prior to engaging in such business,
be duly licensed by the City. Said licensing procedure is to be accomplished
as follows.
A.
Said business entity shall authorize a representative to complete
a registration application.
B.
Said registration application shall be made available to persons
wishing to secure the same through the City office of the City of
South Amboy.
C.
Said registration shall thereafter be filed with the Chief of Police
of the City of South Amboy.
D.
Said registration form shall be executed by that person or persons
who are responsible for the day-to-day operation of said business.
Where a corporation is involved, the president of said corporation
shall sign the same, and, where partnerships are involved, the managing
partner shall sign same.
E.
Said registration form shall contain the following information:
(1)
The names and current addresses and telephone numbers of all principals
of said business. If the business is a corporation, then said information
shall include the names and current addresses and telephone numbers
of all stockholders.
(2)
The place or places where said business entity shall operate from,
as well as a listing of the hours when said entity proposes to conduct
business.
(3)
The names and addresses of three business references.
(4)
A statement by the applicant that no principal of said business entity
has any arrests or convictions of any crimes. In cases of a corporation,
said certification shall apply to all stockholders. If there is an
arrest or conviction record, the same must be disclosed.
(5)
A list of business and home addresses of all principals of said business
for the past five years.
(6)
Said registration must also include a photograph of the person who
will manage the day-to-day operation of said business, and that individual
must also agree to be fingerprinted by the South Amboy Police Department.
As to those business entities which are governed by this chapter
and who are already doing business in the City of South Amboy prior
to the effective date of this chapter, then said business shall be
licensed within 30 days of the effective date of this chapter.
[1]
Editor's note: Licensing Ordinance No, 5-1990 was adopted
January 23, 1990.
The annual fee for said license shall be $25. All such licenses
shall be issued for a period of one year commencing January 1 and
expiring December 31 next following the date of issuance, and there
shall be no rebate for any lesser time. The license shall be conspicuously
exhibited upon the premises licensed thereunder.
