Mike Irwin points to the smoking gun:
......(page 48) "These NFA weapons, classified as Curios or Relics, are still subject to all the controls under the NFA. " And pre 1946 MG 42's are called.
I'll pass this to my friend and suggest his C&R license can't put him in the machine gun biz.
Thanks Mike.
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Cave illos in guns et backhoes
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