148AExemptions from particular requirements

148A Exemptions from particular requirements

148A Exemptions from particular requirements

(1) The Rules may provide for exemptions from the requirements under section 139, 140, 141, 147 or 148.

(2) An exemption may be given subject to conditions.

(3) Without limiting the conditions that may be imposed under subsection (2), an exemption may be given subject to conditions requiring a service provider to—

(a) ensure that its business and business activities are conducted, structured and arranged in the particular manner specified in the exemption; or

(b) disclose, in the manner specified in the exemption, to the AER and to the public, specified information about its business activities, operations, structure and arrangements.

s 148A: Ins 2022 No 21, sec 74. Subst 2023 No 36, sec 51.