(1)  A person who comes into possession of a firearm and who is not authorised under this Act to possess the firearm must immediately surrender the firearm to a police officer or a licensed firearms dealer.

Penalty:  Fine not exceeding 50 penalty units or imprisonment for a term not exceeding 12 months, or both.

(2)  A person does not commit an offence under this Act by surrendering a firearm under this section.

(3)  A licensed firearms dealer to whom a firearm is surrendered under this section must deal with the firearm in the manner prescribed by the regulations.

Penalty:  Fine not exceeding 50 penalty units or imprisonment for a term not exceeding 12 months, or both.