The Regulations Governing Permission and Management of Guns, Ammunition, Knives and Weapons Article 12

Those, who have been approved to purchase firearms and ammunition, shall apply for inspection, the issuance of certificates, and being catalogued for future management, to the police department of the municipality, county (city), where the agency (organization), school, or principal business office is located or the household registration is done, through agency (organization) representatives, persons in charge or owners within 7 days following the day when such purchase is done.When the firearms and ammunition as prescribed in the preceding paragraph satisfy one of the circumstances set forth in the subparagraphs of paragraph 1 of Article 5-2 of the Act, the representatives, persons in charge, or owners of agencies (organizations), schools, groups shall submit their firearms and ammunition along with their licenses to the government of the municipality or county (city) where the agencies (organizations), schools or principal business offices are located, or the household registration is done to get them acquired at a price or confiscated within 15 days following the day when the licenses are revoked or cancelled; if there is no one who can make such a submission, the local municipal, county (city) government should confiscate them.When the firearms and ammunition as prescribed in the preceding paragraph are lost, the representatives, persons in charge, or owners of the agencies (organizations), schools, or groups, shall take their licenses to the police department of the municipality or county (city), where the agencies (organizations), schools, or principal business offices are located or the household registration is done, and hand them over.