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Old February 13, 2013, 07:26 AM   #11
wally626
Senior Member
 
Join Date: July 31, 2009
Posts: 635
Quote:
18 USC 921(a)(21)(C) requires that anyone who “devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms” must have an FFL. However, the law also specifies that someone who “devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms” need not have an FFL. Unfortunately, federal law fails to clearly define the difference between “dealing in firearms as a regular course of trade” and “occasional sales, exchanges, and purchases.”
Needs cleaned up, you use the phrase “devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms” twice. I am sure the second phrase to define a non-dealer should be

Quote:
but such term shall
not include a person who makes occasional sales, exchanges, or
purchases of firearms for the enhancement of a personal
collection or for a hobby, or who sells all or part of his
personal collection of firearms;
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