Federal Gun Control Act

[AI summary unavailable — showing source text] Federal Gun Control Act Title I: Registration of Firearms - Makes it unlawful to possess a firearm not registered provided by this Act. Requires a purchaser of a firearm to complete and file with the Secretary of the Treasury an application for the registration of the firearm. Authorizes the Secretary to prescribe the form for such applications, and sets forth the pertinent date to be supplied on the forms. Sets the fee for the original application at $1. Provides that a registrant of a firearm who sells the firearm shall return to the Secretary his certificate of registration. Requires the purchaser of a firearm to note the number of the seller's certificates on his application. Prohibits licensed dealers from: (1) receiving firearms by way of pledge or pawn with the certificate and (2) selling ammunition without requiring the purchaser to exhibit his certificate. Requires the possessor of a firearm to notify the Secretary within ten days of loss, theft, or destruction of the firearm. Sets forth a penalty for violation of this title at a maximum of two years imprisonment and/or up to a $2,000 fine. Provides that anyone who supplies false information pursuant to this Act shall be f…