§ 227-1. Findings and intent.

A. 

The Borough Mayor and Council hereby find that there is a need to regulate and control the buying, selling, advertising and/or solicitation of gold, silver and precious or semiprecious gems or jewelry in order to prevent the easy disposal of items which have been unlawfully obtained as the result of crime while protecting and recognizing the legitimate businesses which are engaged in the buying and selling of gold, silver and precious or semiprecious gems or jewelry.

B. 

The Borough Mayor and Council hereby find that there is a need to regulate and control the buying and selling of other metals, such as aluminum, copper, magnesium and ferrous, which have been unlawfully obtained as the result of crime while protecting and recognizing the legitimate businesses which are engaged in the buying and selling of such metals in accordance with N.J.S.A. 45:28-1 et seq., and the rules and regulations promulgated thereunder.

C. 

The Borough Mayor and Council hereby find that there is a need to regulate and control the buying, selling, advertising and/or solicitation of gift cards and secondhand goods which have been unlawfully obtained as the result of crime while protecting and recognizing the legitimate businesses which are engaged in the buying and selling of such cards and goods in accordance with N.J.S.A. 45:22-1 et seq., and the rules and regulations promulgated thereunder.

D. 

It is the intent of this chapter to assist law enforcement officials and victims of crime in recovering those items identified in Subsection A, B, or C above by requiring reasonable reporting, maintenance and distribution criteria for buyers, dealers and transient buyers as defined in this chapter.