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I think the intention of this proposal is good, considering those new LIRs whose assignments from the upstream are larger than /22.
But since it is an "OR" condition, what if "APNIC can make sufficient allocation (s) to a new LIR to compensate for address space they returned to the upstream assignments (for renumbering to allocated space)?" That is, one /22 is enough for the new LIR (its assignment from the upstream < /22). (or space less than one /22 is just too tiny to care about?)
I also agree with the disaggregation problem.