Dealers
General Information
Who is a Dealer?
A dealer is a person, other than an armourer or theatrical ordnance supplier, who carries on the business, whether or not for reward or benefit, of acquiring, selling or otherwise disposing of weapons in any way; or for trade or business, displays a weapon for sale or possesses a weapon for sale.
This licence may be endorsed for Category A, B, C, D, E, H and M weapons. Dealers can only broker category R weapons.
Who is a Dealers Associate?
The Weapons Act 1990 defines an associate as a person other than a financial institution who:
- Holds or will hold a relevant financial interest in the business or proposed business of the licensed dealer or applicant; or
- May be entitled to exercise a relevant power, whether in the person’s own right or for someone else, in the business or proposed business;
- Holds a relevant position, whether in the person’s own right or for someone else, in the business or proposed business of the licensed dealer or the applicant.
The relevant position mentioned above means, a position that entitles the holder of the position to participate in the management of the business whether as director, manager, secretary or in any other capacity.
The relevant power mentioned above means, a power whether exercisable by voting or otherwise and whether exercisable alone or in association with others to:
- Participate in any managerial or executive decision of the business or proposed business; or
- Elect or appoint a person to a relevant position in the business or proposed business.
Last Updated: 09/12/2008