27 Cfr 478.123

§ 478.123

27 CFR Ch. II (4–1–10 Edition)
formation required by this paragraph
shall be entered in the proper record
book not later than the seventh day
following the date of the transaction,
and such information shall be recorded
under the format prescribed by
§ 478.122, except that the name of the
manufacturer of a firearm or armor
piercing ammunition need not be recorded if the firearm or armor piercing
ammunition is of the manufacturer’s
own manufacture.
(c) Notwithstanding the provisions of
paragraph (b) of this section, the Director of Industry Operations may authorize alternate records to be maintained
by a licensed manufacturer to record
the disposal of firearms and armor
piercing ammunition when it is shown
by the licensed manufacturer that such
alternate records will accurately and
readily disclose the information required by paragraph (b) of this section.
A licensed manufacturer who proposes
to use alternate records shall submit a
letter application, in duplicate, to the
Director of Industry Operations and
shall describe the proposed alternate
record and the need therefor. Such alternate records shall not be employed
by the licensed manufacturer until approval in such regard is received from
the Director of Industry Operations.
(d) Each licensed manufacturer shall
maintain separate records of the sales
or other dispositions made of firearms
to nonlicensees. Such records shall be
maintained in the form and manner as
prescribed by §§ 478.124 and 478.125 in regard to firearms transaction records
and records of acquisition and disposition of firearms.

records shall submit a letter application, in duplicate, to the Director of Industry Operations and shall describe
the proposed alternate records and the
need therefor. Such alternate records
shall not be employed by the licensed
importer until approval in such regard
is received from the Director of Industry Operations.
(d) Each licensed importer shall
maintain separate records of the sales
or other dispositions made of firearms
to nonlicensees. Such records shall be
maintained in the form and manner as
prescribed by §§ 478.124 and 478.125 in regard to firearms transaction records
and records of acquisition and disposition of firearms.
(Approved by the Office of Management and
Budget under control number 1140–0032)

erowe on DSK5CLS3C1PROD with CFR

[T.D. ATF–270, 53 FR 10501, Mar. 31, 1988, as
amended by ATF–11F, 73 FR 57241, Oct. 2,
2008]

§ 478.123 Records maintained by manufacturers.
(a) Each licensed manufacturer shall
record the type, model, caliber or
gauge, and serial number of each complete firearm manufactured or otherwise acquired, and the date such manufacture or other acquisition was made.
The information required by this paragraph shall be recorded not later than
the seventh day following the date
such manufacture or other acquisition
was made.
(b) A record of firearms disposed of
by a manufacturer to another licensee
and a separate record of armor piercing
ammunition dispositions to governmental entities, for exportation, or for
testing or experimentation authorized
under the provision of § 478.149 shall be
maintained by the licensed manufacturer on the licensed premises. For
firearms, the record shall show the
quantity, type, model, manufacturer,
caliber, size or gauge, serial number of
the firearms so transferred, the name
and license number of the licensee to
whom the firearms were transferred,
and the date of the transaction. For
armor piercing ammunition, the record
shall show the manufacturer, caliber or
gauge, quantity, the name and address
of the transferee to whom the armor
piercing ammunition was transferred,
and the date of the transaction. The in-

(Approved by the Office of Management and
Budget under control number 1140–0067)
[T.D. ATF–270, 53 FR 10501, Mar. 31, 1988, as
amended by ATF–11F, 73 FR 57241, Oct. 2,
2008]

§ 478.124

Firearms transaction record.

(a) A licensed importer, licensed
manufacturer, or licensed dealer shall
not sell or otherwise dispose, temporarily or permanently, of any firearm
to any person, other than another licensee, unless the licensee records the
transaction on a firearms transaction
record, Form 4473: Provided, That a
firearms transaction record, Form 4473,

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