Read the following passage carefully:
"In November 2025, the Ministry of Environment, Forest and Climate Change notified the National Circular Economy Framework for E-Waste Management. Under Section 4(B) of the framework, registered electronic refurbishers are required to process at least 40% of collected electronic components locally within 18 months of acquisition. However, registered micro and small enterprises (MSEs) are granted an extended grace period of 24 months from registration before the local processing mandate applies, provided their annual processing capacity does not exceed 50 metric tonnes. Furthermore, the framework mandates State Pollution Control Boards to conduct compliance audits bi-annually for large enterprises and tri-annually for qualified MSEs."
Based strictly on the passage above, evaluate the following statement:
Statement: Under the framework, a registered micro enterprise processing 40 metric tonnes of e-waste annually must meet the 40% local processing requirement within 18 months of acquisition.
Cevap: Cevap