The SRA Handbook is no longer in effect. It was replaced by the SRA Standards and Regulations on 25 November 2019.
SRA Handbook
Waivers
Back to version 21Version 4 of the Handbook was published on 21/06/2012. For more information, please click 'History' Above
Rule 11: WAIVERS
- 11.1
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In any particular case or cases the SRA shall have power to waive in writing any of the provisions of these rules, but shall not do so unless it appears that:
- (a)
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compliance with them would be unduly burdensome having regard to the benefit which compliance would confer on investors; and
- (b)
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the exercise of the power would not result in any undue risk to investors.
- 11.2
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The SRA shall have power to revoke any waiver.