Powers of the Regulator to waive or relax requirements
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Memorandwm Esboniadol
19.—(1) The Regulator may by order waive or relax any of the requirements of regulations 6 to 16.
(2) The power under paragraph (1) may be exercised only if the Regulator is satisfied that it is necessary to do so in order to protect the interests of the generality of the members of the scheme.