Schedule 2 Compensation and related provisions for purposes of Part 2 of Schedule 1 of Arms Act 1983

r 28ZA

Schedule 2: inserted, on 1 February 2021, by regulation 5 of the Arms Amendment Regulations 2020 (LI 2020/309).

Contents

1Interpretation
2Limits on compensation
3Compensation schedules to be issued by Commissioner
4Information required to be set out in compensation schedules
5Indicators for determining condition of specified item or specified part to be published
6Certain provisions do not apply to valuers
7Temporary amnesty extended for individuals and licensed dealers possessing specified items or specified parts
8Conditions of temporary amnesty under Act and extended amnesty under clause 7
9Compensation for specified item or specified part
10Amount of compensation for specified item or specified part during amnesty period
11Compensation for large quantities of specified parts or pistol carbine conversion kits
12Compensation for unique specified item or specified part
13Licensed dealers required to mitigate losses
14Compensation following return of specified item or specified part to supplier by licensed dealer
15Licensed dealers entitled to claim compensation for specified items or parts
16Amount of compensation payable for prohibited items before end of amnesty period
17Application of clauses 18 to 21
18Manufacturers required to mitigate losses
19Compensation following return of materials to supplier by manufacturer
20Manufacturers entitled to claim compensation for specified items and specified parts
21Amount of compensation for specified items and specified parts
22No other compensation payable