In short, these are serious penalties. NFA regs are a pain, and in my opinion, contrary to the Constitution. Ignore them, and get caught, and you will pay a very high price.

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NFA WEAPONS AND THE 4TH AMENDMENT

ATF has created interim rules to implement PL 103-322, and they are a little more specific, and a little more onerous:

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A class 1 or 2 SOT may also deal in NFA firearms. A class 3 SOT costs $500 a year, due each July 1. A class 1 or 2 SOT costs $1000 a year, except that SOT’s who did less than $500,000 in gross receipts in business the previous year qualify for a reduced rate of $500 per year, also due July 1. One must also have the appropriate FFL to engage in the specific activity, as well as the SOT. This is because most NFA weapons are also title 1 weapons, and thus both the law regulating title 1 weapons (the GCA) and title 2 weapons (the NFA) must be complied with. As with the privacy of Registry information and transfer information, SOT status is also protected tax information, and ATF will not release lists of SOT holders, as they will of FFL holders.

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However for HK guns it is pretty much all there is, especially if you want an MP-5 type gun. And if you want a version of the Colt 9mm AR machine gun, the auto sear route is more plentiful than the few registered receiver conversions, and the even fewer factory Colt guns, as the model was introduced (1985) right around the same time as the 1986 ban. And in general the sear or other registered part is cheaper to buy than the same gun as a registered receiver, both because you aren’t getting a gun also, and because it is less desirable. However you may find that due to the escalating value of the semi-auto host guns, the conversion part already installed in a host gun may cost as much as a registered receiver conversion of the same gun, like an IMI semi-auto UZI with a registered bolt installed versus a registered receiver UZI conversion. It pays to shop around.

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Re: Maxim 08 or 1917A1
I have both and it would be a hard choice. Parts for the Browning are definitely more plentiful and …

Re: LYING about probable cause is the key.
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Note: these the ones that I know about; there are undoubtedly others of which I am not aware.

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Airman Gets 19 Mos. In Weaponry Theft

Spec Ops Command Cancels New Rifle
In a surprising reversal that follows years of effort to design a one-of-a-kind commando rifle, the U.S. military’s Special Operations Command has abruptly decided to abandon the new SOCOM Combat Assault rifle — commonly known as the “SCAR” — in favor of previously-fielded carbines.

Twenty Haqqani Killed in Afghan Raids

7606. Entry of premises for examination of taxable objects. (a) Entry during day. The Secretary may enter, in the daytime, any building or place where any articles or objects subject to tax are made, produced, or kept, so far as it may be necessary for the purpose of examining said articles or objects. (b) Entry at night. When such premises are open at night, the Secretary may enter them while so open, in the performance of his official duties. (c) Penalties For penalty for refusal to permit entry or examination, see section 7342.

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Any firearm whose possession is otherwise prohibited by subsection (a) is ok, under b(7), if the gun is a C&R one and lawfully possessed under federal law. This would not provide an exemption to the requirement for a state permit for a machine gun, as 12020(a) does not regulate mg’s. That is section 12220 (ban) and 12230 et seq. (permits). Rules for DD’s are at section 12301 et seq. Silencers are regulated at section 12500 et seq. The state Department of Justice has totally discretionary authority to issue permits to possess DD’s or machine guns. Civilians are totally prohibited from owning silencers.

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26 USC sec. 5845(g) “Antique firearm.-The term ‘antique firearm’ means any firearm not designed or redesigned for using rim fire or conventional center fire ignition with fixed ammunition and manufactured in or before 1898 (including any matchlock, flintlock, percussion cap, or similar type of ignition system or replicas thereof, whether actually manufactured before or after the year 1898) and also any firearm using fixed ammunition manufactured in or before 1898, for which ammunition is no longer manufactured in the United States and is not readily available in the ordinary channels of commercial trade.”

The NFA law also defines “rifle”:

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27 CFR Sec. 178.39a Reporting theft or loss of firearms. Each licensee shall report the theft or loss of a firearm from the licensee’s inventory (including any firearm which has been transferred from the licensee’s inventory to a personal collection and held as a personal firearm for at least 1 year), or from the collection of a licensed collector, within 48 hours after the theft or loss is discovered. Licensees shall report thefts or losses by telephoning 1-800-800-3855 (nationwide toll free number) and by preparing ATF Form 3310.11, Federal Firearms Licensee Theft/Loss Report, in accordance with the instructions on the form. The original of the report shall be forwarded to the office specified thereon, and Copy 1 shall be retained by the licensee as part of the licensee’s permanent records. Theft or loss of any firearm shall also be reported to the appropriate local authorities. Sec. 178.129 Record retention. * * * * * (b) Firearms transaction record, statement of intent to obtain a handgun, reports of multiple sales or other disposition of pistols and revolvers, and reports of theft or loss of firearms. * * * * * * Licensees shall retain each copy of Form 3310.11 (Federal Firearms Licensee Theft/Loss Report) for a period of not less than 5 years after the date the theft or loss was reported to ATF.

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A short barreled rifle (SBR) is defined in the law as:

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