So gents, say I buy an "XYZ" lower from my friendly FFL dealer. Upon completion of the purchase, this lower is now "registered" to me the same as if I were to buy a complete rifle, and thus constitutes a "firearm" - because I can now add any "standard" upper at will, without any further documentation. This is no different than buying an XCR and swapping the upper or doing a caliber change, correct?
You seem to need a Harvard education to decipher this, but as I understand it, all that is needed is to take my now registered "XYZ" lower, complete the Form 1, submit my trust (or fingerprints/photo/etc.), $200 fee, and WAIT for the approval.
It appears (to me) that you may use the ORIGINAL manufacturers S/N and you may then proceed to build your SBR after approval.
What am I missing?
Upon approval, are you saying that I must engrave my lower? That doesn't make sense to me. How can I submit my Form 1 (which requires a S/N in Box 4a and 4g). Am I to make up a S/N and then apply that S/N
only after approval?
http://www.atf.gov/pub/qtrly_bulletins/vol3_qb2001/subpartc.pdf
Quote from Form 1 instructions:
If an existing firearm is being modified into an NFA firearm, enter the existing serial number of the firearm into item 4g and the name and address of the original manufacturer into item 4a. DO NOT ALTER OR MODIFY THE EXISTING SERIAL NUMBER. If the NFA firearm is being made from parts, your name and address are to be entered into 4a and a serial number you create is to be entered into item 4g.
Help me understand... thanks!