Ga. Comp. R. & Regs. R. 92-6-.02 - General Definitions

(1) The following words shall be defined within these procedures as set forth below:

(a) Designee - vendor selected by the GBI to collect SMR transactions required by O.C.G.A. § 10-1-359.5.

(b) Secondary Metals Recycler (SMR) - any person who is engaged, from a fixed location or otherwise, in the business in this state of paying compensation for regulated metal property that has served its original economic purpose, whether or not engaged in the business of performing the manufacturing process by which regulated metal property is converted into raw material products consisting of prepared grades and having an existing or potential economic value.

(c) SMR Database - data that is collected from SMRs purchase transactions and organized so that its contents can easily be accessed and searched.

(d) Purchase Transaction - a transaction in which the SMR gives consideration in exchange for regulated metal property.

(e) Business Use Notice - Secondary Metals Recycler owns and operates one or more facilities that purchase scrap metal property as defined by O.C.G.A. § 10-1-359.5. Designee operates and maintains a confidential database of transaction information as the designee for the Georgia Bureau of Investigation (GBI). Secondary Metals Recycler is submitting required data to the GBI designee for the sole purpose of complying with O.C.G.A. § 10-1-359.5 and in accordance with Rules promulgated by the GBI.

Notes

Ga. Comp. R. & Regs. R. 92-6-.02

O.C.G.A. § 10-1-359.5.

Original Rule entitled "General Definitions" adopted. F. Feb. 18, 2016; eff. Mar. 9, 2016.