Section 200.809 Record of Annual Physical Magazine Inventory

Section 200

Section 200.809  Record of

Annual Physical Magazine Inventory

a)         The holder of a storage certificate shall conduct and make a

complete record of the physical inventory of explosive materials annually

during the 6 month renewal period.  If the inventory is conducted at the time

of or prior to the annual inspection provided for in Section 200.206, the

record shall be made available to the Department at the annual inspection.  If

the inventory is conducted after the annual inspection is completed, the holder

shall submit a copy to the Department prior to the last day of February.

b)         In addition, the holder of a storage certificate shall conduct

and make a complete record of the physical inventory whenever the Department or

holder has reason to believe, based on a personal observation, a review of

records, or information received from other persons, that explosive materials

may be lost or stolen from a magazine or otherwise unaccounted for, or that the

amount or type of explosives being stored is not in compliance with the storage

certificate.  The holder of a certificate of storage shall also conduct and

make a complete record of the physical inventory upon the request of the

Department, based on the same beliefs.  A special inventory conducted and

recorded under this subsection satisfies the annual inventory requirement if it

is conducted and recorded during the 6 month renewal period.

c)         The annual inventory requirements of subsection (a) shall not

apply to a storage certificate holder who is a holder of an explosives license,

a temporary explosives license or storage permit issued by ATF and who

satisfies the annual and special inventory requirements prescribed by ATF, but

compliance will not relieve the holder of a storage certificate from the

obligation of conducting special inventories in accordance with subsection (b)

(a) shall not

apply to a storage certificate holder who is a holder of an explosives license,

a temporary explosives license or storage permit issued by ATF and who

satisfies the annual and special inventory requirements prescribed by ATF, but

compliance will not relieve the holder of a storage certificate from the

obligation of conducting special inventories in accordance with subsection (b).

The Department shall be allowed to inspect the inventory records and failure to

produce the records or failure to keep complete records may be cause for

enforcement action under Subpart J.