Part 2General requirements
Requirements for carrying on business activities: Requirements relating to possession of certain arms items for business activities
58Requirements relating to possession of restricted firearm, restricted magazine, pistol, pistol carbine conversion kit, or restricted weapon for business activities
A licensed business may possess an arms item that is a restricted firearm, restricted magazine, pistol, pistol carbine conversion kit, or restricted weapon for the purpose of carrying on a business activity if—
- the licensed business is authorised to carry on the business activity in relation to the restricted firearm, restricted magazine, pistol, pistol carbine conversion kit, or restricted weapon; and
- the business licence bears an appropriate endorsement; and
- any of the following apply:
- the holder of the business licence has been issued with—
- a permit to import the arms item; or
- a permit to possess the arms item; or
- a permit to import the arms item; or
- the arms item has been manufactured by the licensed business with the written approval of the chief executive under section 65; or
- the arms item is a pistol, restricted weapon, or restricted firearm and section 21(2) or 33(2) applies.
- the holder of the business licence has been issued with—
A licensed business that is an individual commits an offence and is liable on conviction to imprisonment for a term not exceeding 3 years, or to a fine not exceeding $40,000, if the individual, without reasonable excuse, contravenes subsection (1).
The senior manager of a body corporate that is a licensed business commits an offence and is liable on conviction to imprisonment for a term not exceeding 3 years, or to a fine not exceeding $40,000, if the body corporate, without reasonable excuse, contravenes subsection (1).
Subsections (2) and (3) are subject to section 334.



