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        SEBI

        Regulation 32A - Exemption from enforcement of the regulations in special cases

        Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014
        Chapter VIII-A
        POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS

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        Regulatory sandbox flexibility permits temporary exemptions to test innovations in live securities-market environments under specified conditions. The Board may grant temporary exemptions from specified regulatory provisions to enable live testing of new products, processes, services or business models within a regulatory sandbox, subject to prescribed eligibility criteria and ongoing conditions that applicants must satisfy throughout the exemption period.
                          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 flexibility permits temporary exemptions to test innovations in live securities-market environments under specified conditions.

                                The Board may grant temporary exemptions from specified regulatory provisions to enable live testing of new products, processes, services or business models within a regulatory sandbox, subject to prescribed eligibility criteria and ongoing conditions that applicants must satisfy throughout the exemption period.


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