Yes but if people keep pushing their luck and ignoring the Arms Code, eg not storing bolt seperatly because they're to lazy, the Police may decide that they're not "fit and proper" and revoke your licence under sec 27 of the Arms Act. Then you wouldn't even be able to possess an air rifle.
If you follow the Arms Code then they could never argue that you aren't "fit and proper", if you ignore it because it isn't law then you may be giving them grounds to revoke your licence. Some small minor things just aren't worth the hassle.
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