What It Allows
A Type 03 lets a collector acquire firearms classified as curios or relics in interstate commerce for a personal collection, shipped directly to the collector.
What It Does Not Allow
It does not permit dealing, does not cover modern firearms, and does not authorize transfers for other people. Repeatedly buying and reselling C&R firearms for profit is dealing without a license.
Fee And Records
The Type 03 fee is $30 for three years. Collectors keep a bound record of C&R acquisitions and dispositions.
Fees, forms and processing rules change through ATF rulemaking. Confirm current requirements with ATF and your state and local authorities before you file.