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(1)It is an offence for an auctioneer, carrier or warehouseman—
(a)to fail to take reasonable precautions for the safe custody of any firearm or ammunition which, by virtue of section 9(1) of the principal Act, he or any servant of his has in his possession without holding a certificate; or
(b)to fail to report forthwith to the police the loss or theft of any such firearm or ammunition.
(2)An offence under this section shall be punishable on summary conviction with imprisonment for a term not exceeding six months or a fine not exceeding level 5 on the standard scale or both.
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