Md. Code Regs. 05.03.06.12

Current through Register Vol. 51, No. 24, December 2, 2024
Section 05.03.06.12 - Waiver

The Secretary may waive or vary particular provisions of these regulations to the extent that the waiver is not inconsistent with the Act if:

A. Conformance to the requirements of any federal, State, or local programs or of the General Bond Certificate in connection with a loan necessitates waiver or variance of a regulation; or
B. In the written determination of the Secretary, the application of a regulation in a specific case or in an emergency situation would be inequitable or contrary to the purpose of the Act.

Md. Code Regs. 05.03.06.12