Regulatory Relief
/ˌrɛɡjʊˈleɪtəri rɪˈliːf/
Definitions
- (n.) The reduction or elimination of governmental rules and restrictions on businesses or individuals to promote economic activity or reduce burdens.
The new legislation provides regulatory relief to small businesses by easing reporting requirements.
- (n.) Temporary or permanent suspension of regulatory requirements to address specific circumstances, often in financial or environmental law.
The agency granted regulatory relief to affected companies during the economic downturn.
Forms
- regulatory relief
Related terms
See also
Commentary
Regulatory relief often appears in statutory and administrative contexts and may vary by jurisdiction; drafters should specify the scope and duration of relief clearly.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.