Page:United States Statutes at Large Volume 82.djvu/1277

 82 STAT. ]

PUBLIC LAW 90-618-OCT. 22, 1968

1235

"SEC. 5872. FORFEITURES. " (a) LAWS APPLICABLE.—Any firearm involved in any violation of

the provisions of this chapter shall be subject to seizure and forfeiture, and (except as provided in subsection (b)) all the provisions of internal revenue laws relating to searches, seizures, and forfeitures of unstamped articles are extended to and made to apply to the articles taxed under this chapter, and the persons to whom this chapter applies. " (b) DISPOSAL.—In the case of the forfeiture of any firearm by reason of a violation of this chapter, no notice of public sale shall be required; no such firearm shall be sold at public sale; if such firearm is forfeited for a violation of this chapter and there is no remission or mitigation of forfeiture thereof, it shall be delivered by the Secretary or his delegate to the Administrator of General Services, General Services Administration, who may order such firearm destroyed or may sell it to any State, or possession, or political subdivision thereof, or at the request of the Secretary or his delegate, may authorize its retention for official use of the Treasury Department, or may transfer it without charge to any executive department or independent establishment of the Government for use by it." SEC. 202. The amendments made by section 201 of this title shall be ^J^^^^l^°^ °^ cited as the "National Firearms Act Amendments of 1968". °"'*" ™^" ^* SEC. 203. (a) Section 6107 of the Internal Revenue Code of 1954 is R«P««I- „, ,

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repealed. (b) The table of sections for subchapter B of chapter 61 of the Internal Revenue Code of 1954 is amended by striking out: "Sec. 6107. List of special taxi^ayers for public inspection."

68A Stat. 756.

26 USC eio?.

SEC. 204. Section 6806 of the Internal Revenue Code of 1954 is amended to read as follows: "SEC. 6806. OCCUPATIONAL TAX STAMPS. "Every person engaged in any business, avocation, or employment, who is thereby made liable to a special tax (other than a special tax 26 under subchapter B of chapter 35, under subchapter B of chapter 36, 4414,use 44114461- 4463, or under subtitle E) shall place and keep conspicuously in his estab- soorsseV. lishment or place of business all stamps denoting payment of such special tax." SEC. 205. Section 7273 of the Internal Revenue Code of 1954 is amended to read as follows: "SEC. 7273. PENALTIES FOR OFFENSES RELATING TO SPECIAL TAXES. "Any person who shall fail to place and keep stamps denoting the payment of the special tax as provided in section 6806 shall be liable to a penalty (not less than $10) equal to the special tax for which his business rendered him liable, unless such failure is shown to be due to reasonable cause. If such failure to comply with section 6806 is through willful neglect or refusal, then the penalty shall be double the amount above prescribed." SE('. 206. (a) Section 5692 of the Internal Revenue Code of 1954 is R«P««I- ,,, 1

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72 Stat. 1 4 1 3.

repealed. (b) The table of sections for part V of subchapter J of chapter 51 of the Internal Revenue Code of 1954 is amended by striking out: "Sec. 5692. Penalties relating to posting of special tax stamps."

SEC. 207. (a) Section 201 of thi.s title shall take effect on the first Effective dates. day of the first month following the month in which it is enacted. (b) Notwithstanding the provisions of subsection (a) or any other provision of law, any person possessing a firearm as dienned in section 5845(a) of the Internal Revenue Code of 1954 (as amended by this title) which is not registered to him in the National Firearms Registra- ^"^^' ^- ^^^°-

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