194Acquisition and disposal—records

194 Acquisition and disposal—records (1) This section applies if a licensed firearms dealer— (a) acquires a firearm or firearm part from someone else; or (b) disposes of a firearm or firearm part to someone else. (2) The record of the acquisition or disposal of the firearm or firearm part must contain the following particulars: (a) the name and address of the other person; (b) for a firearm other than a firearm that is temporarily stored—the number of the other person’s licence or permit authorising the other person to possess the firearm or firearm part; (c) for a disposal of a firearm (other than the surrender of a firearm to a police officer or a firearm temporarily stored)—the number of the other person’s permit to acquire the firearm; (d) for each firearm or firearm part that is or has been in the firearms dealer’s possession— (i) the date it was first acquired by the dealer and, if no longer in the dealer’s possession, the date of its disposal by the dealer; and (ii) the name and address of the person who first gave possession of it to the dealer; and (iii) if it is disposed of by the dealer (other than by return to the person for whom it was stored)—its make, serial number, calibre, type, action and magazine capacity (if any); (e) any other particulars prescribed by regulation. (3) The record of the acquisition or disposal must be made within 48 hours after the acquisition or disposal, unless a regulation prescribes otherwise. (4) The record of the acquisition or disposal must be made and kept in the way approved by the registrar. (5) An approval is a notifiable instrument.