(1)  If a registrant sells the registered firearm, the registrant must notify the Commissioner with particulars within 7 days after that sale.

Penalty:  Fine not exceeding 50 penalty units.

(2)  If a registered firearm or certificate of registration is lost or stolen, the registrant is to notify the Commissioner as soon as practicable but not later than 7 days after becoming aware of that fact with particulars of that loss or theft.

Penalty:  Fine not exceeding 50 penalty units.