The purposes of this article include to:
(A) Ensure a sound system of acquiring catalytic converters by and through secondhand metal dealers, to prevent frauds and theft, and ensure fair reporting practices;
(B) Provide for recordkeeping requirements for the purchase of catalytic converters by secondhand metal dealers;
(C) Prohibit secondhand metal dealers from purchasing or receiving catalytic converters not lawfully possessed and to prevent criminal damage to property by theft of a catalytic converter that is disconnected from a motor vehicle in accordance with ROA 1994, §§ 8-6-22, 12-3-7, and 12-3-8; and
(D) Promote the health, safety, and welfare of the city by implementing minimum accountability standards for secondhand metal dealer businesses and help limit vulnerability of these businesses to becoming unwitting participants in the cycle of property crime.