S.L. 318.22 Art. 5Statement of entitlement.

(1) The Director shall, subject to sub-regulation (4), provide the transferor with a statement of entitlement before the end of the period of thirty days beginning with the quotation date.

(2) A statement of entitlement shall remain valid for a period of ninety days beginning with the day on which the transferor is provided with the finalised proposal of transfer from the administrator of the EU scheme.

(3) Where the transferor is not satisfied as to the accuracy of any of the information contained in the statement of entitlement, he shall notify the Director accordingly within thirty days of receiving it.

(4) The Director need not provide a statement of entitlement to a transferor if he has provided a statement of entitlement to that transferor in the previous twelve months.