27 Cfr 555.128

Bureau of Alcohol, Tobacco, Firearms, and Explosives, Justice
(3) One copy of Form 5400.4 must be
retained by the distributor as part of
his permanent records in accordance
with paragraph (b)(4) of this section
and for the period specified in § 555.121.
The distributor must mail the other
copy of Form 5400.4 to the Bureau of
Alcohol, Tobacco, Firearms and Explosives in accordance with the instructions on the form.
(4) Each Form 5400.4 must be retained
in chronological order by date of disposition, or in alphabetical order by
name of limited permittee. A licensee
may not, however, use both methods in
a single recordkeeping system. Where
there is a change in proprietorship by a
limited permittee, the forms may continue to be filed together after such
change.
(5) The requirements of this section
are in addition to any other recordkeeping requirement contained in this
part.
(Approved by the Office of Management and
Budget under control number 1140–0078)

erowe on DSK5CLS3C1PROD with CFR

[T.D. ATF–87, 46 FR 40384, Aug. 7, 1981, as
amended by T.D. ATF–93, 46 FR 50787, Oct.
15, 1981; T.D. ATF–172, 49 FR 14941, Apr. 16,
1984; T.D. ATF–446, 66 FR 16602, Mar. 27, 2001;
ATF No. 1, 68 FR 13791, Mar. 20, 2003]

§ 555.127 Daily summary of magazine
transactions.
In taking the inventory required by
§§ 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

§ 555.129

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 accordance
with § 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]

§ 555.128

Discontinuance of business.

Where an explosive materials business or operations is discontinued and
succeeded by a new licensee or new permittee, the records prescribed by this
subpart shall appropriately reflect such
facts and shall be delivered to the successor. Where discontinuance of the
business or operations is absolute, the
records required by this subpart must
be delivered within 30 days following
the business or operations discontinuance to any ATF office located in the
region in which the business was located, or to the ATF Out-of-Business
Records Center, 244 Needy Road, Martinsburg, West Virginia 25405. Where
State law or local ordinance requires
the delivery of records to other responsible authority, the Chief, Firearms
and Explosives Licensing Center may
arrange for the delivery of the records
required by this subpart to such authority. (See also, § 555.61.)
[T.D. ATF–290, 54 FR 53054, Dec. 27, 1989, as
amended by T.D. ATF–446a, 66 FR 19089, Apr.
13, 2001; ATF No. 1, 68 FR 13792, Mar. 20, 2003;
ATF–11F, 73 FR 57242, Oct. 2, 2008]

§ 555.129

Exportation.

Exportation of explosive materials is
to be in accordance with the applicable
provisions of section 38 of the Arms Export Control Act (22 U.S.C. 2778) and
implementing regulations. However, a
licensed importer, licensed manufacturer, or licensed dealer exporting explosive
materials
shall
maintain
records showing the manufacture or acquisition of explosive materials as required by this part and records showing
the quantity, the manufacturer’s name
or brand name of explosive materials,
the name and address of the foreign
consignee of the explosive materials,
and the date the explosive materials

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