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    <title>Exemption from enforcement of the regulations in special cases</title>
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    <description>The Board may exempt any person or class of persons from all or any provisions of these regulations for up to twelve months to further innovation by testing new products, processes, services or business models in a regulatory sandbox. Such exemptions are subject to conditions specified by the Board, including continuous compliance requirements. &quot;Regulatory sandbox&quot; means a live testing environment deploying innovations to a limited set of eligible customers for a specified time under Board-prescribed conditions.</description>
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