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        SEBI

        Regulation 30 - Exemption from enforcement of the regulations in special cases

        Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993
        Chapter VI
        POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS

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        Regulatory sandbox exemption permits time limited relief from compliance to enable live testing under specified conditions. The Board may exempt any person or class from all or any provisions of the regulations for a period not exceeding twelve months to further innovation by testing new products, processes, services or business models in a regulatory sandbox. Any exemption is subject to applicant compliance with conditions specified by the Board, including ongoing conditions. A regulatory sandbox is defined as a live testing environment where new offerings may be deployed to a limited set of eligible customers for a specified period under Board specified conditions to further innovation in the securities market.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Regulatory sandbox exemption permits time limited relief from compliance to enable live testing under specified conditions.

                              The Board may exempt any person or class from all or any provisions of the regulations for a period not exceeding twelve months to further innovation by testing new products, processes, services or business models in a regulatory sandbox. Any exemption is subject to applicant compliance with conditions specified by the Board, including ongoing conditions. A regulatory sandbox is defined as a live testing environment where new offerings may be deployed to a limited set of eligible customers for a specified period under Board specified conditions to further innovation in the securities market.


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