Drizzt
Member
The Age (Melbourne)
May 21, 2003 Wednesday
SECTION: News; Pg. 3
LENGTH: 324 words
HEADLINE: Buyback To Pay $750 For Pistols
BYLINE: Phillip Hudson Political Correspondent
BODY:
The Federal Government will pay handgun owners about $750 for a typical pistol under a $115 million buyback scheme for banned guns to begin on July 1.
The Age has learnt that gun owners will get about $1100 for a handgun in mint condition, such as the popular semi-automatic .40 calibre Glock. It will pay around $750 for a Glock in good condition, and $460 for average or poor condition.
The Government predicts 65,000 handguns will be surrendered. Prices will vary for different models and specifications. The Government has promised to release a full price list and provide information on the internet.
Gun owners will be able to appeal to an independent panel if they do not agree with the price.
The buyback is the key plank of a handgun crackdown brokered by Prime Minister John Howard and Victorian Premier Steve Bracks after a licensed gun owner killed two students and injured five others last October at Monash University.
Sporting shooters will also have restrictions placed on the calibre, shot capacity and barrel length of handguns.
Under the buyback, which is yet to win final approval from police ministers and the Council of Australian Governments, gun owners will be paid a set value based on the gun's condition. Gun importers will be paid their cost price plus up to 15 per cent. Gun dealers will receive their cost price plus 10 per cent, plus GST.
The states will be asked to contribute about $34 million to the scheme.
Justice Minister Chris Ellison said the list of handguns to be banned and the compensation price to be paid had not been finalised, but would be soon.
"In developing the list and values the Commonwealth, states and territories have consulted widely and sought the advice of experts to value each handgun," he said. "Valuations will take account of the condition of the handgun and shooters who disagree . . . will be able to ask an independent valuation panel."
May 21, 2003 Wednesday
SECTION: News; Pg. 3
LENGTH: 324 words
HEADLINE: Buyback To Pay $750 For Pistols
BYLINE: Phillip Hudson Political Correspondent
BODY:
The Federal Government will pay handgun owners about $750 for a typical pistol under a $115 million buyback scheme for banned guns to begin on July 1.
The Age has learnt that gun owners will get about $1100 for a handgun in mint condition, such as the popular semi-automatic .40 calibre Glock. It will pay around $750 for a Glock in good condition, and $460 for average or poor condition.
The Government predicts 65,000 handguns will be surrendered. Prices will vary for different models and specifications. The Government has promised to release a full price list and provide information on the internet.
Gun owners will be able to appeal to an independent panel if they do not agree with the price.
The buyback is the key plank of a handgun crackdown brokered by Prime Minister John Howard and Victorian Premier Steve Bracks after a licensed gun owner killed two students and injured five others last October at Monash University.
Sporting shooters will also have restrictions placed on the calibre, shot capacity and barrel length of handguns.
Under the buyback, which is yet to win final approval from police ministers and the Council of Australian Governments, gun owners will be paid a set value based on the gun's condition. Gun importers will be paid their cost price plus up to 15 per cent. Gun dealers will receive their cost price plus 10 per cent, plus GST.
The states will be asked to contribute about $34 million to the scheme.
Justice Minister Chris Ellison said the list of handguns to be banned and the compensation price to be paid had not been finalised, but would be soon.
"In developing the list and values the Commonwealth, states and territories have consulted widely and sought the advice of experts to value each handgun," he said. "Valuations will take account of the condition of the handgun and shooters who disagree . . . will be able to ask an independent valuation panel."
