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Firearms Act 1996
13Taking possession under credit contract
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13 Taking possession under credit contract
(1) For this Act—
(a) a person who takes possession of a thing under a credit contract
is taken to have acquired it; and
(b) the person who possessed the thing immediately before parting
with possession is taken to have disposed of it.
credit—see the National Credit Code, section 204 (1).
credit contract means a contract under which credit is or may be
provided.