Would that be from a ridiculously literal interpretation of the law or is this actually happening on a regular basis in reality.
Here in NYC you often see punk kids wearing ammo belts around their hips as, well, belts. Complete with brass, bullet, used primer, links, but no powder. I did too when I was younger. No problems from anyone. Only at school they said we can't wear them. Though it was OK without the bullets (but a belt full of empty cases looks stupid)