Paragraph 3: Introduction of fees for variations (including banded exchanges) transacted by a firearms dealer
This paragraph deals with one on one off exchanges for shotguns and exchanges of firearms of the same type and calibre. Both of these options exist now but a fee is being introduced.
One off exchanges (this is where a dealer can carry out a one off transaction to remove a firearm from a certificate without it being replaced), and the exchange of rifles within bands (the banded system) are also provided for.
These are new provisions. Conditions for the banded system are included. These are covered in new Article 11(4)(c).
The fees concerned have been the subject of extensive stakeholder consultation.
Paragraph 3(2) inserts Schedule 1A in the 2004 Order to set out the new bands.