Paragraph 3

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. para. 5(3)(a) words substituted by Legal Services Act 2007 Sch. 19 para. 11(2)
Sch. para. 7(e) words substituted by Legal Services Act 2007 Sch. 19 para. 11(3)(a)
Sch. para. 7(g) words substituted by Legal Services Act 2007 Sch. 19 para. 11(3)(b)
Sch. para. 7(g) words inserted by Legal Services Act 2007 Sch. 19 para. 11(3)(b)
Sch. para. 8(2)(a)(ii) words substituted by Legal Services Act 2007 Sch. 19 para. 11(4)
Sch. para. 9(2)(a)(ii) words substituted by Legal Services Act 2007 Sch. 19 para. 11(5)

(1)

Regulations may permit the Regulator to waive the requirement for authorisation, as mentioned in section 4(1)(c), in specified cases or circumstances.

(2)

Regulations by virtue of this sub-paragraph may permit waiver in relation to a person only—

(a)

if the Secretary of State intends to exempt the person under section 6, and

(b)

for a single period not exceeding six months.

(3)

The regulations may, in particular, permit or require the Regulator to provide for waiver to be subject to a condition of a kind specified in the regulations.