Read the following passage carefully:
Under the 2026 Sustainable Urban Aquifer Management Policy, municipal water utility boards operating in over-extracted river basins are mandated to divert all treated tertiary wastewater into artificial recharge basins during the monsoon season. However, water utilities that demonstrate a seasonal storage deficit exceeding twenty percent of their annual withdrawal capacity are permitted to sell up to half of their treated tertiary effluent directly to industrial parks, provided that the industrial buyers maintain internal water recycling systems meeting ISO 14064 standards. The policy explicitly prohibits the transfer of untreated or secondary-treated wastewater to industrial entities under any circumstances. Furthermore, any municipal board utilizing artificial recharge basins must conduct bi-weekly heavy metal contamination testing and publish the results on an open-access public portal. If heavy metal concentrations exceed baseline threshold limits for three consecutive testing cycles, all industrial effluent sales within that municipality are automatically suspended until groundwater remediation measures are verified by state environmental inspectors.
Based on the passage above, evaluate whether the following statement is True or False:
'A municipal water utility board operating in an over-extracted river basin with a twenty-five percent seasonal storage deficit is permitted to sell treated tertiary wastewater to an industrial park only if that industrial park adheres to ISO 14064 standards and the municipal board has not recorded heavy metal contamination breaches above baseline limits for three consecutive testing cycles.'
Answer: Answer