12. Section 92 of the Principal Act is repealed and the following section substituted:
“92. The owner of a weapon is entitled to compensation from the Territory if—
(a) immediately before the commencement of the Weapons (Amendment) Act (No. 2) 1996 , the weapon was lawfully in his or her possession;
(b) the weapon is surrendered to the Registrar within 12 months after that commencement; and
(c) at the time of surrender the sale of the weapon was prohibited.”.