Text Version


                                6
 
1 -son required ro register under the provisions of this section 
2 shall pay a registration fee of $500, unless he manufactured,
3 exported, or imported arms, ammunition, and implements of
4 war to a total sales value of less that $50,000 during the 
5 twelve months immediately preceding his registration, in 
6 which case he shall pay a registration fee of $100.  Upon 
7 receipt of the required registration fee, the Secretary of State
8 shall issue a registration certificate valid for five years, which
9 shall be renewable for further periods of five years upon the
10   payment for each renewal of a fee of $500 in the case of
11   persons who manufactured, exported, or imported arms, am-
12   munition, and implements of war to a total sales value of 
13   more than 50,000 during the twelve months immediately
14   preceeding the renewal, or a fee of $100 in the case of per-
15   sons who manufactured, exported, or imported arms, ammu-
16   nition, and impletments of war to a total sales value of less
17   than $50,000 during the twelve months immediately preced-
18   ing the renewal.  The Secretary of the Treasury is hereby
19 directed to refund, out of any moneys in the Treasury not
20   otherwise appropriated, the sum of $400 to every person
21   who shall have paid a registration fee of $500 pursuant to
22   this Act, who manufactured, exported, or imported arms, am-
23   munition, and implements of war to a total sales value of
24   less than $50,000 during the twelve months immediately
25   preceding his resignation.
 
                                7
 
1    (d) It shall be unlawful for any person to export, or
2 attempt to export, from the United States to any other
3 state, any arms, ammunition, or implements of war, or to
4 import, or attempt to import, into the United States from any
5 other state, any arms, ammunition, or implements of war,
6 without first having obtained a license therefor.
7    (e) All persons required to register under this section
8 shall maintain, subject to the inspection of the Secretary of
9 State, or any person or persons designated by him, such
10   permanent records of manufacture for export, importation,
11   and exportation of arms, ammunition, and implements of war
12   as the Secretary of State shall prescribe.
13        (f) Licenses shall be issued to persons who have reg-
14   istered as herein provided for, except in cases of export or
15   import licenses where the export of arms, ammunition, or
16   implements of war would be in violation of law, or of a treaty
17   to which the United States is a party, in which cases such
18   licenses shall not be issued.
19        (g) No purchase of arms, ammunition, or implements
20   of war shall be made on behalf of the United States by any
21   officer, executive department, or independent establishment
22   of the Government from any person who shall have failed to
23   register under the provisions of this Act.
24        (h) The Board shall make an annual report to Congress,
25   copies of which shall be distributed as are other reports trans-
 
 
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