1.—(1) The holder of a firearms dealer's certificate may, without holding a firearm certificate, have in his possession or purchase or acquire a firearm or ammunition in the ordinary course of his business as a firearms dealer.N.I.
(2) An employee of the holder of a firearms dealer's certificate may, without holding a firearm certificate, have in his possession or purchase or acquire a firearm or ammunition in the ordinary course of his employer's business as a firearms dealer.
(3) Sub-paragraphs (1) and (2) apply to the possession, purchase or acquisition of a firearm or ammunition in the ordinary course of a firearms dealer's business even if the firearm or ammunition is in the possession of, or purchased or acquired by, the dealer or his employee at a place which is not specified as his place of business in his firearms dealer's certificate.
(4) In sub-paragraph (5) “relevant supervision” means supervision provided for a customer in the ordinary course of a firearms dealer's business by the holder of a firearm dealer's certificate or his employee.
(5) A person may, without holding a firearm certificate, have in his possession a firearm or ammunition while he is under relevant supervision.