SUP Sch 6 Rules that can be waived

The rule in SUP can be waived by the FSA under section 148 of the Act (Modification or waiver of rules), except for:

(a)

the rules in the transitional provisions relating to written concessions to the extent that those rules relate to other rules which cannot be waived;

(b)

the rules in SUP 3.8 to SUP 3.10 (Auditors) and the transitional rules relevant to those rules (and the rules in SUP 3.1 (Application) to the extent that those rules apply to an auditor rather than to a firm);

(c)

the rules in SUP 4.3 to SUP 4.5 (Actuaries) which apply to an actuary rather than to a firm (and the rules in SUP 4.1 (Application) to the extent that those rules apply to an actuary rather than to a firm);

(d)

the rules in SUP 10.2 to SUP 10.10 (Approved persons) (and the rules in SUP 10.1 (Application) to the extent that those rules apply or modify the rules in SUP 10.2 to SUP 10.10);

(e)

the following rules in SUP 13 (Exercise of passport rights by UK firms): SUP 13.5.1 R, SUP 13.5.2 R, SUP 13.11.1 R,3 SUP 13 Annex 1, SUP 13 Annex 2 and SUP 13 Annex 3.2