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{5) Noncustodial employees of'the State Department of CorreCtions designated to carry weapons by the Secretary of Public Safety or the Director of the State Department of Corrections pursuant'to ~53-39 of the 'Code of Virginia, 1950, as amended. (d) Any resident of the City may apply In writing to t~ Circuit Court fdr~the City of Portsmouthfor a one-year perml~ to carry a specific type of concealed weapon. The Court, after .consulting the law-enforcement authorities of the City and receiving a report from the Central Criminal Records Exchange, shall issue such permit if it finds that the applicant is of good character, has demonstrated a need to carry such concealed weapon, is physically and me,tally competent to carry sUch weapon and is'not prohibited by l~w from receiving, possessing, or transporting such weapon. The Court shall find that the applicant has demonstrated a need to carry a concealed weapon in the following circumstances: [1) The applicant regularly transports substantial sums of money or other property of substantial value from a place of business to his home or a b~nk or other secure depository. (2) The Court is convinced that because of bona fide threats to the body or life of the applicant or to the body or life of a member of the applicant'S immediate 'family, or because of other body or life-threatening circumstances peculiar to the applicant, there is probable cause to believe such permit is reasonable necessary to promote the self-protection of the applicant. In all ot~er cases the Court shall have discretion to determine whether need has been established. No fee shall be charged for the 'issuance of such permit to a person who has retired from service as a law-enforcement officer with the .Department of State Police, or with a sh~eriff or police depart- ment, bureau or force of any political subdivision of the C~mmonwealth of Virginia, after completing twenty-five years service or after reaching age fifty-five. The order issuing such permit shall be entered in the law order book of the Court. ~el tf any person carry about his person, hidden from common observation, any knife, hood, ice pick or other sharp instrument which has a blade or point ~ore than two and three- fourths (2-3/4) inches measured along the outside perimeter from base to tip of blade or point and which~is capable of inflicting upon a person a stab-or cut wound, he shall be guilty, of a Class' 1 misdemeanor.