Quoted: Regarding LEO exemption from 1994 ban, unless you are putting together an NFA-registered machinegun I think you still want to stay away from M16
-- sear -- trigger -- hammer -- disconnector -- bolt-carrier, and -- selector
Even if your gun doesn't act like a machinegun, if it has ANY of these parts, the ATF considers it a machinegun. Unless you're acting on behalf of a government agency, you're not supposed to put together a machinegun.
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there's some meshing of the '94 "assault weapons ban and the '34 (i think) machine gun legislation, i think.
per-ban vs. post-ban is the '94 legislation dealing with evil features such as flash suppressors, bayo lugs, collaspable stocks, etc. oh, yeah, and special treatment for LEOs and such (no slam on LEOs, just pissed at the double standard.)
the M16/AR15 parts mixing issue deals with the '34 (again, i think) machine gun legislation, specifically, owning and "manufacturing" machine guns. for this particular issue, i think it's safe to say i'd avoid mixing M16 parts with AR15 parts period. put AR parts in the AR and leave the M16 parts to the M16 if you're lucky enough to get one.
as i understand it, LEOs are allowed to have the pre-bans for duty purposes with certain limitations (see Troy's post), but i didn't think they were allowed any special privileges under the machine gun legislation. Troy? how about some answers.