# Regulatory Exemption

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

## Labels

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RCDwLiS22z6MzQaQHS08hvk

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

**Deprecated:** False