An artefact selected for loan may be released to a borrowing institution only when its condition rating exceeds the conservation minimum and a current insurance valuation is on file. Although the registrar's handbook references an older grading scale, the conservation minimum presently observed by the department is a rating of seventy points. The lacquered cabinet, which the studio examined during the latest survey, carried a condition rating of eighty-four points, and a current insurance valuation had already been filed with the registrar. The courier service, no matter which artefact is ultimately approved, is engaged through the accredited transport partner named in the framework agreement.
According to the passage, which statement is correct?