Exemptions from National Regulations
322 Exemptions from National Regulations
The Registrar may, by designated instrument, exempt—
a specified co-operative, a specified person or firm proposed to be appointed as an auditor, or a specified director or auditor of a co-operative; or
a specified class of co-operatives, a specified class of persons or firms proposed to be appointed as auditors, or a specified class of directors or auditors of co-operatives;
from compliance with a provision of the National Regulations made under this Part.
The exemption may—
be expressed to be subject to conditions; and
be indefinite or limited to a specified period; and
if indefinite, be expressed to commence on a specified date.
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