Usually for Closed Outlet scenario, we would assume a normal flow rate which has sufficient pressure to cause relief as our required relief rate. However, I have a question about the following scheme. (drawing attached)

The Inlet line has a pressure controller, set pressure at 545 psig.
The pressure into the PCV is 800 psig.
The PSV set pressure of the equipment is 600 psig.
Upon evaluation of Closed Outlet, could we make the assumption that the pressure will built up downstream of PCV until 545 psig and the PCV will then respond in close; thus, no relief.
Or otherwise as follow:
Is there anything specified in the Code(ASME or API) that we would have to assume a normal opening position of the PCV in determining the relief load regardless of favorable intrument response? if this is the case, then Closed Outlet scenario will be considered even if upstream PCV regulate at 545 psig.
Any Comment will be appreciated.