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Bureau of Alcohol, Tobacco, Firearms and Explosives

Does expiration of the ban affect records maintained by licensed manufacturers, importers and dealers?

Yes. Federal firearms licensees are no longer required to collect special records regarding the sale or transfer of SAWs and LCAFDs for law enforcement or government sales. However, existing records on SAWs and LCAFDs must still be maintained for a period of 5 years. Moreover, records of importation and manufacture must be maintained permanently, and licensees must maintain all other acquisition and disposition records for 20 years.