27 Cfr 555.127

[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: 27CFR555.127]

[Page 195]

TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS

CHAPTER II--BUREAU OF ALCOHOL, TOBACCO, FIREARMS, AND EXPLOSIVES,
DEPARTMENT OF JUSTICE

PART 555_COMMERCE IN EXPLOSIVES--Table of Contents

Subpart G_Records and Reports

Sec. 555.127 Daily summary of magazine transactions.

In taking the inventory required by Sec. Sec. 555.122, 555.123,
555.124, and 555.125, a licensee or permittee shall enter the inventory
in a record of daily summary transactions to be kept at each magazine of
an approved storage facility; however, these records may be kept at one
central location on the business premises if separate records of daily
transactions are kept for each magazine. Not later than the close of the
next business day, each licensee and permittee shall record by
manufacturer's name or brand name, the total quantity received in and
removed from each magazine during the day, and the total remaining on
hand at the end of the day. Quantity entries for display fireworks may
be expressed as the number and size of individual display fireworks in a
finished state or as the number of packaged display segments or packaged
displays. Information as to the number and size of display fireworks
contained in any one packaged display segment or packaged display shall
be provided to any ATF officer on request. Any discrepancy which might
indicate a theft or loss of explosive materials is to be reported in
acordance with Sec. 555.30.

[T.D. ATF-293, 55 FR 3722, Feb. 5, 1990, as amended by T.D. ATF-400, 63
FR 45003, Aug. 24, 1998]