Regulatory sandbox exemption allows limited relief from specified securities buy back rules to test innovations under conditions. The Board may exempt any person or class from specified provisions of the Buy back Regulations for a period not exceeding twelve months to facilitate live testing of innovations in a regulatory sandbox, subject to conditions that applicants must satisfy and continuously comply with; a regulatory sandbox is a live testing environment deploying new products, processes, services or business models 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 exemption allows limited relief from specified securities buy back rules to test innovations under conditions.
The Board may exempt any person or class from specified provisions of the Buy back Regulations for a period not exceeding twelve months to facilitate live testing of innovations in a regulatory sandbox, subject to conditions that applicants must satisfy and continuously comply with; a regulatory sandbox is a live testing environment deploying new products, processes, services or business models to a limited set of eligible customers for a specified period under Board specified conditions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
