Changes to antique firearms law

I'm interested to know if anyone has, so far, applied to retain a 'Firearm of Historic Interest' which has been removed from the obsolete calibre list. I was under the impression that pre-1919 could be retained via an FAC variation (Section 5?)

I asked my firearms officer today about retaining a 1900 Colt revolver on FAC and was advised that this was not possible, only options being sell/deact/surrender. Is this correct?
You can retain some on section 1 most people dumped them at auction pre ban
 
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