Regulatory Waiver
/ˌrɛɡjəˈleɪtəri ˈweɪvər/
Definitions
- (n.) An official authorization that exempts a person or entity from a specific regulatory requirement or obligation imposed by law or administrative rule.
The company obtained a regulatory waiver to delay compliance with new environmental standards.
- (n.) A discretionary release from certain regulatory provisions, often granted to promote flexibility or innovation in regulated industries.
The telecom firm received a regulatory waiver to test new technology not yet covered by existing regulations.
Forms
- regulatory waiver
- regulatory waivers
Related terms
See also
Commentary
Regulatory waivers commonly require formal application and approval; they differ from permanent exemptions by being conditional or temporary.
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.