; (2) the reason for the transfer; (3) the identity of the transferee, and whether the transferee holds, has held, or is applying for a permit under this Act; (4) the transferee’s assumption of responsibility, coverage, and liability for activities performed under the permit, as of the effective date of the transfer; and (5) any additional information requested by the Secretary. (g) Renewal The Secretary may renew an offshore aquaculture permit that has not been revoked for an additional 15-year period, as provided in subsection (e), before the end of the original permit’s duration, if— (1) the permit or amended permit complies with existing requirements; (2) the permit holder has not been subject to sanctions under section 408 or committed a prohibited act under such section; (3) the permit has not been modified because of emergency considerations; and (4) notice under subsection (c)(2) has been given. (h) Revocation The Secretary may, pursuant to regulations issued under this Act, revoke an offshore aquaculture permit, if— (1) the permit holder commits a prohibited act under section 407; (2) the permit holder fails to begin offshore aquaculture operations within 2 years from the date the required Federal permits are obtained; or (3) there is an interruption of offshore aquaculture operations of at least 2 years in duration that is unrelated to best management practices. (i) Expiration or revocation Not later than 1 year after the expiration or revocation of an offshore aquaculture permit, a permit holder shall— (1) remove all structures, gear, and other property from the offshore aquaculture facility site