(1) the premises on which the licensed dealer operates is equipped with security features, including:

(i) equipment capable of filming and recording video footage inside and outside buildings where firearms are stored;

(ii) at least one of the following features designed to prevent unauthorized entry installed on all exterior doors and windows of all buildings where firearms are stored:

1. bars;

2. security screens;

3. commercial grade metal doors;

4. grates; or

5. other physical barriers approved by the Secretary;

(iii) a burglary alarm system that is continually monitored; and

(iv) if practicable, physical barriers designed to prevent the use of motor vehicles to breach all buildings where firearms are stored; or

(2) outside business hours, the licensed dealer locks all firearms stored on the premises in:

(i) a vault;

(ii) a safe; or

(iii) a room or building that meets the requirements under item (1) of this subsection.

(b) (1) This subsection does not apply if the equipment or alarm system became temporarily inoperable at no fault of the licensed dealer.

(2) A person who violates this section is subject to a civil penalty not exceeding $1,000 imposed by the Secretary.

(3) In addition to the penalty imposed under paragraph (2) of this subsection, a person who knowingly and willfully violates this section is subject to:

(i) for a second offense, suspension of the person’s dealer’s license; and

(ii) for a third or subsequent offense, revocation of the person’s dealer’s license.

(c) The Secretary shall adopt rules and regulations to determine whether a licensed dealer has met the requirements of subsection (a) of this section.