Choice of Election

A registrant’s option to make an elective payment or a transfer election will be determined by entity type. See Table 1, earlier, for which election type(s) are available based on entity type and credit section. In limited circumstances, a registrant will need to indicate which election it wishes to make, because it can choose either, but not both, for a specific property/facility. When a registrant may choose either an elective payment election or transfer election, the option to select either election will be made available.

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