1 If a person’s dealer’s licence expires or is surrendered or revoked, the person may not—a) carry on any dealer activity; orb) have any business interest in any arms item or ammunition.
2 If the person referred to in subsection (1) is a senior manager authorised to carry on dealer activities on behalf of a body corporate, the body corporate may not carry on any dealer activity at any place of business.
3 However,—a) nothing in subsection (1) applies to any person who—i) sells or otherwise disposes of any of the kinds of items specified in section 14 in accordance with that section; orii) after the expiry, surrender, or revocation of their dealer’s licence is, at any subsequent time, issued with another dealer’s licence; andb) nothing in subsection (2) applies to a body corporate—i) that sells or otherwise disposes of any of the kinds of items specified in section 14 in accordance with that section; orii) if, after the expiry, surrender, or revocation of the senior manager’s licence, the senior manager is, at any subsequent time, issued with another dealer’s licence on behalf of the body corporate; oriii) if another senior manager of the body corporate is issued with a dealer’s licence authorising that senior manager to carry on 1 or more dealer activities on behalf of the body corporate.
4 A person commits an offence and is liable on conviction to imprisonment for a term not exceeding 1 year, or to a fine not exceeding $15,000, if the person, without reasonable excuse, contravenes this section.
History: Section 15: replaced, on 25 June 2020, by section 24 of the Arms Legislation Act 2020 (2020 No 23).