You don't need a Dealer's licence to sell ammunition. You do need to to notify the police that you intend to be an Ammunition Seller however.
Apologies for the goofy text in between the snips of the legislation, the normal text got lost in the snips and was hard to see.
What you need a dealers licence for:
Definition of an Arms Item (doesn't include ammunition):
The requirements you must adhere to when selling ammunition:
Arms Act
Arms Regulations
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