PD 114: Pawnshop Regulation Act

Summary

Presidential Decree No. 114, issued 29 January 1973, regulates the establishment and operation of pawnshops in the Philippines. The decree places pawnshops under the supervision of the Central Bank (now Bangko Sentral ng Pilipinas), defines pawn ticket requirements, sets recordkeeping obligations, and prescribes the basis for the auction or redemption of pledged goods. It remains the foundational pawnshop statute, supplemented by BSP circulars under the Manual of Regulations for Non-Bank Financial Institutions.