(1)This section applies if a scrap metal dealer disposes of any scrap metal in the course of the dealer’s business.
(2)For these purposes metal is disposed of—
(a)whether or not it is in the same form in which it was received;
(b)whether or not the disposal is to another person;
(c)whether or not the metal is despatched from a site.
(3)Where the disposal is in the course of business under a site licence, the dealer must record the following information—
(a)the description of the metal, including its type (or types if mixed), form and weight;
(b)the date and time of its disposal;
(c)if the disposal is to another person, the full name and address of that person;
(d)if the dealer receives payment for the metal (whether by way of sale or exchange), the price or other consideration received.
(4)Where the disposal is in the course of business under a collector’s licence, the dealer must record the following information—
(a)the date and time of the disposal;
(b)if the disposal is to another person, the full name and address of that person.