It would provide that the registrar could provide that information to the transferee, i.e., the person who wishes to purchase.
In a case where a transferee is attempting to purchase a firearm, and the transferor, that is the vendor, is unable to get a reference number confirming the validity of their licence, the purchaser, not the vendor, may then contact the Canadian firearms program and ask, “Why is the vendor not able to get a reference number for a transfer on my licence today?” That information, which could be personal information about the transferee, the buyer, goes to that person, and not to the vendor, the seller. The seller does not receive the reasoning behind a decision not to provide a reference number.