Reloading liability insurance ?

[Dalua]

Making ammunition in order to sell it, rather than disposing of it in the sale of a no longer wanted gun, is called trade or business, like it or not.

I think making ammuntion in order to sell it by way of trade or business would be called trade or business. But small-scale and essentially not for profit? Really? Who says so?
Next, you'll be telling us that I'm not allowed to pick up a few boxes of .270 rounds for my pal when I happen to be at the gunsmith's, since buying ammuntion in order to sell it (which is exactly what I'd be doing) would be 'by way of trade or business' as well?

...talk to YOUR FEO about it?

Well, mainly because FEOs are not a favourite source of accurate interpreations of firearms law. I'm fairly certain most FEOs would agree with you - but like Dogbert, I'm just interested to know why that might be the case.

If you think your FEO can produce chapter and verse on this, why not ask and pop the results on here? What I don't particuarly want is more confounding of 'by way of trade or business' with patently non-commercial undertakings, and the extension of CIP stuff to such undertakings when it is far from clear that that is the intention of those most worthy regulations.

The proof authorities naturally want as much business as possible - look at their opinion on threaded barrels, moderators and so on - so their opinion is unlikely to be entirely objective.

Just interested, and certainly not Dogbert!