{"iri":"http://lmss.sali.org/R8lGEk1h42ZjiKM5FK2X7xb","id":"R8lGEk1h42ZjiKM5FK2X7xb","label":"Regulatory Exemption","definition":"Regulatory exemption refers to a provision that allows an individual, business, or activity to be excused from complying with certain rules or requirements typically imposed by a regulatory authority. Exemptions are usually granted to promote specific policy objectives or because the standard regulations are deemed unnecessary or overly burdensome in particular cases.","prefLabels":[],"altLabels":[],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/RCDwLiS22z6MzQaQHS08hvk","id":"RCDwLiS22z6MzQaQHS08hvk","label":"Regulatory Objectives"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R8lGEk1h42ZjiKM5FK2X7xb/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}