I don't know what your level of tolerance is for red tape, but for me, having to consent to "inspections of the place where your collection is stored" is too much.In most cases, there are only four purposes for which you can be licensed to acquire and/or possess a restricted firearm:
1. For use in target practice or target shooting competitions;
2. To form part of a gun collection;
3. For use in connection with your lawful profession or occupation.
Or in rare cases,
4. To protect life.