The new Police Arms Code 2017 is out and you are now expected to justify the number of firearms you own, from the Arms Code page 43:
"A firearms licence allows the holder to have and use sporting type shotguns and rifles. A licence holder may possess any number of sporting-type rifles and shotguns although you will be required to justify the number of firearms you hold when the Police inspect your firearms security."
Keep in mind that the National / Labour led Law and Order Select Committee into how criminals are obtaining guns wants to codify parts of this arms code into law.
Download and read here:
http://www.police.govt.nz/sites/default/files/publications/nzp-2017-arms-code.pdf
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