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    <title>Exemption from enforcement of the regulations in special cases</title>
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    <description>Regulation 23 authorises the Board to exempt any person or class from specified regulatory provisions for up to twelve months to promote technological innovation by testing new products, processes, services or business models in a live regulatory sandbox; such exemptions are subject to Board-specified conditions, including requirements for continuous compliance, and the regulatory sandbox is defined as a limited live testing environment for eligible customers under those conditions.</description>
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      <description>Regulation 23 authorises the Board to exempt any person or class from specified regulatory provisions for up to twelve months to promote technological innovation by testing new products, processes, services or business models in a live regulatory sandbox; such exemptions are subject to Board-specified conditions, including requirements for continuous compliance, and the regulatory sandbox is defined as a limited live testing environment for eligible customers under those conditions.</description>
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