84Issue of business licence

1. The chief executive may issue a business licence to an applicant authorising the applicant to carry on 1 or more specified business activities in respect of 1 or more specified classes of arms items if—

2. the applicant holds a firearms licence; and
3. the chief executive is satisfied that—
   1. the applicant is a fit and proper person to hold a business licence to carry on the business activity or activities; and
   2. in the place of business from which the business activity or activities will be carried on, there are secure storage facilities appropriate for the class and number of arms items and any ammunition that may be possessed in the course of carrying on the business activity or activities; and
   3. the applicant or, if the applicant is a senior manager of a body corporate who is applying for a business licence so that the body corporate is authorised to carry on a business activity, the body corporate has appropriate record-keeping systems and other systems to comply with the requirements of this Act and any regulations; and
   4. if it is intended that the business activities will be carried on at more than 1 place of business in reliance on section 86 or 87, there will be, at each of those places, a manager who holds a business licence and who has appropriate oversight and control of the proposed business activity or activities to be carried on at that place.

4. A business licence that is issued to an applicant for the carrying on of a business activity in respect of any of the following classes of arms items must bear an appropriate endorsement:

5. restricted firearms:
6. restricted magazines:
7. pistols:
8. large-capacity pistol magazines:
9. pistol carbine conversion kits:
10. restricted weapons.

11. A business licence must specify—

12. the business activity or activities that the licence holder is authorised to carry on; and
13. the class or classes of arms items in respect of which that activity or those activities may be carried on.