Related provisions for SUP 21.1.1

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SUP 21.1.2GRP
Energy market participants should bear in mind that Section 138A4 of the Act requires that in order to give a waiver of particular rules, the FCA4 must be satisfied that:44(1) compliance with the rules, or with the rules as unmodified, would be unduly burdensome or would not achieve the purpose for which the rules were made; and(2) the waiver would not adversely affect the advancement of any of the FCA's operational objectives.44