[Code of Federal Regulations]
[Title 27, Volume 2]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR478.121]

[Page 105]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
   CHAPTER II--BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES, 
                          DEPARTMENT OF JUSTICE
 
PART 478_COMMERCE IN FIREARMS AND AMMUNITION--Table of Contents
 
                            Subpart H_Records
 
Sec. 478.121  General.


    (a) The records pertaining to firearms transactions prescribed by 
this part shall be retained on the licensed premises in the manner 
prescribed by this subpart and for the length of time prescribed by 
Sec. 478.129. The records pertaining to ammunition prescribed by this 
part shall be retained on the licensed premises in the manner prescribed 
by Sec. 478.125.
    (b) ATF officers may, for the purposes and under the conditions 
prescribed in Sec. 478.23, enter the premises of any licensed importer, 
licensed manufacturer, licensed dealer, or licensed collector for the 
purpose of examining or inspecting any record or document required by or 
obtained under this part. Section 923(g) of the Act requires licensed 
importers, licensed manufacturers, licensed dealers, and licensed 
collectors to make such records available for such examination or 
inspection during business hours or, in the case of licensed collectors, 
hours of operation, as provided in Sec. 478.23.
    (c) Each licensed importer, licensed manufacturer, licensed dealer, 
and licensed collector shall maintain such records of importation, 
production, shipment, receipt, sale, or other disposition, whether 
temporary or permanent, of firearms and such records of the disposition 
of ammunition as the regulations contained in this part prescribe. 
Section 922(m) of the Act makes it unlawful for any licensed importer, 
licensed manufacturer, licensed dealer, or licensed collector knowingly 
to make any false entry in, to fail to make appropriate entry in, or to 
fail to properly maintain any such record.
    (d) For recordkeeping requirements for sales by licensees at gun 
shows see Sec. 478.100(c).

(Information collection requirements in paragraph (a) approved by the 
Office of Management and Budget under control number 1512-0129; 
information collection requirements in paragraphs (b) and (c) approved 
by the Office of Management and Budget under control number 1512-0387)

[33 FR 18555, Dec. 14, 1968. Redesignated at 40 FR 16835, Apr. 15, 1975, 
and amended by T.D. ATF-191, 49 FR 46891, Nov. 29, 1984; T.D. ATF-208, 
50 FR 26703, June 28, 1985; T.D. ATF-270, 53 FR 10501, Mar. 31, 1988]