Financial Advisers Act 2001 · 2020 Revised Edition · Part 10 · Miscellaneous
130. General exemption
Feedback & supportLast amended by an amending law of 2024. 2 amendments in all.
The Authority may, by regulations, exempt any person or any class of persons from all or any of the provisions of this Act, subject to such terms or conditions as may be prescribed.
The Authority may, on the application of any person, by written notice exempt the person from —
all or any of the provisions of this Act; or
all or any of the requirements imposed by the Authority under this Act.
An exemption under subsection (2) —
may be granted subject to such terms or conditions as the Authority may specify by written notice;
need not be published in the Gazette; and
may be withdrawn at anytime by the Authority.
The Authority may at any time add to, vary or revoke any term or condition imposed under this section.
Any person who contravenes any term or condition prescribed under subsection (1) or specified by the Authority under subsection (3)(a), including any term or condition added or varied under subsection (4), shall be guilty of an offence.[100