SRA Handbook

Waivers

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Version 9 of the Handbook was published on 01/04/2014. For more information, please click 'History' Above

Rule 11: Waivers

11.1

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)

compliance with them would be unduly burdensome having regard to the benefit which compliance would confer on investors; and

(b)

the exercise of the power would not result in any undue risk to investors.

11.2

The SRA shall have power to revoke any waiver.