Buying and selling as well as registration and possession of firearms are strictly regulated by Firearms Act 1996. Records of each acquisition, sale or transfer of firearm are kept in an official register.
A person who wishes to buy or sell firearm must have the necessary permit to acquire, in case of a buyer, or Permit to Sell, in case of a seller. A dealer of firearms must have a license.
Unauthorised acquisition and sale of firearms, that is, a sale without said permit or license, is punishable by imprisonment for 5 years up to a maximum of 20 years in case the firearm concerned is a prohibited firearm or pistol. There is a higher penalty of 20 years imprisonment if the person knowingly took part in the sale of prohibited firearm.
The court is often very harsh in handing down penalties in weapon offences. If the court decides that although a person does not know that the sale is unauthorised, it may still impose the lesser penalty of 5 or 10 years imprisonment, as the case may be, so long as there is an unauthorized sale.
A person who comes into possession of a firearm, but is not authorised to possess the firearm, must immediately surrender the firearm to a police officer. Failure to do so is punishable under Section 60 Firearms Act 1996 for disposal of firearms by unathorised persons. The maximum penalty for which is 50 penalty units or imprisonment for 12 months, or both.
Disclaimer : This article is just a summary of the subject matter being discussed and should not be regarded as a comprehensive legal advice for you to defend yourself alone. If you are charged with criminal offences, it is recommended that you seek legal assistance from criminal lawyers.