FOLIO Ontology

Regulatory Exemption

IRI:
https://folio.openlegalstandard.org/R8lGEk1h42ZjiKM5FK2X7xb
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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.

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Additional Information

Metadata

Comment

From LIST: Legal Issues Taxonomy — https://taxonomy.legal/

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No source or origin information available