(1) The registrar may issue a replacement permit to acquire a firearm to the permit-holder if satisfied on reasonable grounds that the permit (the original permit ) has been lost, stolen or destroyed.
Note A fee may be determined under s 270 for this provision.
(2) If the registrar issues the replacement permit, the registrar must—
(a) record in the register that the original permit has been lost, stolen or destroyed; and
(b) not later than 48 hours after making the record, tell all licensed firearms dealers in writing that the original permit has been recorded as lost, stolen or destroyed.