Just being curious; Why exactly shouldn't the LIR on the receiving end of a transfer have to document their need for addresses like everyone else? [... or maybe one has to make other policy-changes to compensate for almost all current restrictions relying on the term "documented need".] I can't find anything preventing anybody, as long as they're a registered business, from registering as a LIR. Under current policies that makes no sense as there are no resources to be had without documented need. While torpedoing the allocation terms, the transfer terms place does not place a limit on how many blocks can be acquired either. With the suggested exception in force one could take a chance on an inflating market, register a LIR today and start hoarding blocks to be resold 2+years from now. This is clearly not the intention of the proposal and should be easily detected, but it may not be as easy to close such loopholes later. I'd rather prefer the opposite. I.e. that the suggested §5.5 is changed so that the receiving LIR must have their documented need for resources acknowledged by the NCC _before_ a transfer can be initiated. //per