Yes, I read it was heavily regulated... and also read, that not a single murder with any machine gun, after the regulation.... then again, who knows how many actual murders there were with machine guns prior to that new law.... I doubt that there were many... but honestly do not know?Thank you kind gentlemen! You have helped a great deal! Now I am going to you tube and search for tutorials, so I can put everything I was told together, in a picture/video...
Now back to Marathon Mike's question...
Is the intent of the law banning Machine Guns, the same that could be applied to AR15's or AK47's etc?
No, because the NFA of 1934 did not ban machine guns. It applied a tax to the sale. $200 at the time was a massive expense.
It also required registration, a lengthy back ground check, and (correct me if I'm wrong) finger printing and photographs for ID.