(a) Dealers to keep record.--Every dealer in precious metals shall keep a record of every transaction upon a form approved by the Attorney General. The record shall include as a minimum:
(1) The name, age and address of the seller which must be verified by said dealer, requiring proof of identity from the seller sufficient to insure the accuracy of the represented name and address of the seller.
(2) An accurate description of the property purchased, including any serial number or other identifying marks or symbols and the date and hour of the transaction.
(b) Record to be maintained.--Said record shall be maintained by the dealer in precious metals for a period of one year from the date of the transaction and shall be available for inspection by any law enforcement official of the Federal Government, the Commonwealth or any of its municipalities.
(c) Copy of record to district attorney.--A copy of every record of transaction shall be delivered or mailed to the district attorney of the county in which a purchase of precious metals is made by the close of the next working day after the day on which the metal was purchased.
(d) Copy of record to police department in lieu of district attorney.--The district attorney may authorize such records to be delivered or mailed to the police department of the municipality in which the precious metal was purchased in lieu of delivery or mailing to the district attorney.
(e) Time and manner of keeping records.--The Attorney General shall, by regulation, prescribe the time and manner in which such records shall be maintained, the form of identification which a dealer must require from the seller to verify the seller's name and address and the person or persons to whom such records shall be available.
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