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<h1>Regulatory sandbox exemptions allow temporary relief from specified takeover regulations subject to Board imposed conditions and continuous compliance.</h1> The Board may exempt any person or class from specified provisions for up to twelve months to enable testing of new products, processes, services or business models in a live regulatory sandbox deployed to a limited set of eligible customers. Exemptions are subject to conditions specified by the Board and to continuous compliance with those conditions; the regulatory sandbox is a time limited live testing environment for furthering innovation in the securities market.