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Regulation 74B - Exemption from enforcement of the regulations in special cases
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 Chapter IX-B POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
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Regulatory sandbox exemptions allow temporary relief from securities regulations to test new products under specified conditions. SEBI may exempt any person or class from all or part of the Collective Investment Schemes regulations for a period not exceeding twelve months to facilitate testing new products, processes, services or business models in a live regulatory sandbox; such exemptions are subject to conditions imposed by the Board and continuous compliance by the applicant. A regulatory sandbox is defined as a live testing environment deploying innovations to a limited set of eligible customers for a specified period under Board-specified conditions.
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 exemptions allow temporary relief from securities regulations to test new products under specified conditions.
SEBI may exempt any person or class from all or part of the Collective Investment Schemes regulations for a period not exceeding twelve months to facilitate testing new products, processes, services or business models in a live regulatory sandbox; such exemptions are subject to conditions imposed by the Board and continuous compliance by the applicant. A regulatory sandbox is defined as a live testing environment deploying innovations to a limited set of eligible customers for a specified period under Board-specified conditions.
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