27 Cfr 478.121

[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]