After the buyer`s approval, it`s time to negotiate the sale. This usually includes a source of payment such as cash. Although, the arms trade are common. It is preferable to have a verbal agreement to outline the basic terms such as the purchase price, the source of payment (cash, cheques, etc.) and the number of payments. There seems to be an agreement between the commonwealth and state governments to ban military-style weapons. The question today is how weapons in Australia can withdraw from the civilian population and how to monitor any approach to ensure that this has been achieved. Following a mass shooting in 1996 that killed 35 people in Tasmania, Australia, Australian states and territories were awarded the National Firearms Agreement (NFA) to “integrate a coherent set of gun management principles into their own legislation and regulations” (McPhedran 2016, p. 65). The main features of the agreement, as described in a study on regulatory reform, the National Firearms Agreement (NFA), also known as the National Agreement on Firearms, the National Firearms Agreement and Buyback Program or the Nationwide Agreement on Firearms, was a 1996 arms control agreement reached by the Australasian Police Ministers` Council (APMC) in response to the Port Arthur massacre, which killed 35 people. The effect of the agreement laws were passed by Australian governments just 12 days after the Port Arthur massacre.  The next task of this document will be to terminate the intentions of both parties to participate in this transaction, while verifying whether each has the right to do so in a partisan manner. This is done through a signed disclosure (which must be authenticated). At first, the buyer should look for part “4. Disclosure of the buyer” and then read each ball statement under the words “The buyer declares the following statements are true and he/she” The buyer of the firearm must then sign his name on the “Buyer`s Signature” line at the end of that disclosure. This signature will ensure that his or their checks are correct the statements above. The seller will also have to make several statements. This is dealt with in Part 5. Disclosure of the seller. The seller should read the listing marks under the statement “The seller declares the following statements is true and he/she” and sign his or her name by appointment on the empty premises with the word “seller`s signature.” Once both parties have proven that the statements contained in their respective statements are true by their signature, it is time to execute this sales invoice. This should be done with the dated signature of the seller and buyer, attested and notarized.
This execution takes place in part “6. Signing area.” The first step in this process is to document the timing of the timing of these parties signing this document.