{"iri":"https://folio.openlegalstandard.org/R8lGEk1h42ZjiKM5FK2X7xb","label":"Regulatory Exemption","sub_class_of":["https://folio.openlegalstandard.org/RCDwLiS22z6MzQaQHS08hvk"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":"From LIST: Legal Issues Taxonomy — https://taxonomy.legal/","deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Regulatory exemption refers to a provision that allows an individual, business, or activity to be excused from complying with certain rules or requirements typically imposed by a regulatory authority. Exemptions are usually granted to promote specific policy objectives or because the standard regulations are deemed unnecessary or overly burdensome in particular cases.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}