(1) A person must not possess or use a firearm (a) unless the person is the holder of a firearms licence of the appropriate category as specified in Division 2 in respect of that firearm; or(b) that is a firearm in relation to which a firearms licence may not be issued.Penalty: Fine not exceeding 100 penalty units or imprisonment for a term not exceeding 2 years, or both.(1A) If a person possesses or uses a prohibited firearm the person is guilty of an indictable offence punishable under the Criminal Code .(a) that is a firearm in relation to which a firearms licence may be issued, without being the holder of a firearms licence of the appropriate category as specified in Division 2 in respect of that firearm; or(b) that is a firearm in relation to which a firearms licence may not be issued (2) A person is to apply for a firearms licence in accordance with Division 5 of this Part.