General Powers and Duties. The Board shall exercise the powers and perform the duties conferred upon it by statute or by other applicable law or regulation. Specific Powers and Duties. The Board shall compile and publish in the Maryland Register annually a Handgun Roster. The Board may place a handgun on the Handgun Roster upon petition or upon its own initiative. If an objection to the placement of a handgun on the Handgun Roster is not received within the time set by Regulation .12D(1) of this chapter, a handgun shall be officially placed on the Handgun Roster at the expiration of that time. If a timely objection is received and the Board dismisses the objection, the handgun shall be officially placed on the Handgun Roster when the objection is dismissed. The Board shall send semiannually a copy of the Handgun Roster to all regulated firearms dealers that are licensed under Public Safety Article, Title 5, Subtitle 1, Annotated Code of Maryland, and to the main branch of each public library system in the State.