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1. A lock subassembly for assembly within a lock body of a padlock, the lock subassembly comprising:
a housing defining an internal cavity and at least one shackle bore isolated from the internal cavity, such that contaminants entering the at least one shackle bore are prevented from entering the internal cavity; a locking element disposed in a first portion of the internal cavity and extending an upper above an uppermost surface of the housing, the locking element being movable between a locked position for interlocking engagement with a shackle and an unlocked position for releasing the shackle; and a locking mechanism disposed in a second portion of the internal cavity and operable between a locking condition securing the locking element in the locked position and an unlocking condition permitting movement of the locking element to the unlocked position.
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