I would just point out that clause 2 as drafted deals only with eligibility for grandfathering for individuals. As your colleague pointed out, the regime for businesses is separate and is dealt with under the firearms licences regulations, in section 22. It's a separate regime for businesses, and it's not dealt with in the amendments proposed through clause 2 in Bill C-71.
On June 5th, 2018. See this statement in context.