A C&R handgun is exempt from needing to be on the Roster of Handguns Certified for Sale. [PC 32110(g)]
A person with a valid Type 03-FFL (C&R) and valid COE are exempt from the 10 day waiting period on C&R firearms. [PC 26970]
However...
Per Federal regulations (
ATF Ruling 85-10), a frame/receiver is not a C&R firearm.
Therefore, the frame/receiver can not be transferred under the C&R exemption.
It needs to be a complete C&R firearm.
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"If someone has a gun and is trying to kill you, it would be reasonable to shoot back with your own gun." - Dalai Lama (Seattle Times, 05-15-2001).