[138BA Disapplication or modification of rules in individual cases]

[138BA  Disapplication or modification of rules in individual cases]

[(1)     This section applies to rules made by a regulator if, or to the extent that, regulations made by the Treasury provide for it to apply.

(2)     The regulator may, on the application or with the consent of a person who is subject to the rules, give the person a permission that enables the person—

(a)     not to apply

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