RAF Level Gifting Question

I realize there are a ton of RAF threads out there already but I have been searching and cannot find an answer to a couple questions.

All of these question will assume the following 5 account setup:

Account A - Veteran
Accounts B-E - Linked to A

1. Is there a maximum amount of levels that can be granted to a single character?

Say I create 5 new toons on the accounts and level them together up to 60. I now have 29x4 levels to grant to the veteran account.

Let's say I roll a level 1 character on the veteran account. Can I gift him levels all the way up to 60 or can he only receive 29 levels?

2. Is there a maximum amount of levels you can gift from a single linked account?

Let's just say I get motivated and level _another_ team to 60 on top of the ones I discussed in the previous scenario. So now I have 2 60's on each of the linked accounts. Can I now grant 58 levels? Or is there a cap of 29 per account?

I would assume that the gifted levels are determined as it reads in the FAQ (every 2 levels = giftable level, no mention of a cap), but I just wanted to confirm.

Any insight on these questions would be most appreciated! Thanks!