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#627545 - 10/21/06 02:46 PM Exemption - Phase II to Phase I
hawkfan Offline
Member
Joined: Feb 2006
Posts: 83
Recently after reviewing the exemption folders, I found that one of our Phase II exempted customers should have been exempted as a Phase I customer (listed). I hate to ask, but what do we do? Just amend exemption to change to Phase I?

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#627546 - 10/23/06 01:46 PM Re: Exemption - Phase II to Phase I
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
Document the source of the information enabling you to exempt the customer under Phase I rules. Then complete a new DEP filing with the appropriate indication that the customer is now exempted under the Phase I rules.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
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