Before any developer effectively assigns any of his interest
in any preliminary or final approval, he must notify the Administrative
Officer and supply detailed information with regard to the name, address,
principals, type of organization, competency, experience and past
performance of the assignee, transferee of agent. Notice of such assignments
or transfer shall be given no later than 10 days after its effective
date. The assignee must be made acquainted with all the conditions
of approval, and the developer shall so certify.