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8.—(1) Except as otherwise provided in paragraphs (2) and (3), the applicant must, no later than the scheme end date, surrender all payment entitlements entered in the register in the applicant’s name.
(2) Paragraph (1) does not apply to any payment entitlements which the applicant has leased in.
(3) Where the applicant has leased out payment entitlements entered in the register in the applicant’s name, the applicant must, no later than the scheme end date, notify the Secretary of State in writing confirming the surrender of the payment entitlements on the date the lease expires.
(4) The Secretary of State may extend the deadline for the surrender of entitlements referred to in paragraphs (1) and (3) if the applicant provides evidence to show that the circumstances described in paragraph (5)(a) or (b) of regulation 6 apply.
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