# COMAR Title 24 — Department of Commerce

## Subtitle 05 — Economic Development

### Chapter 07 — Small Business Development Contract Financing Fund

#### Regulation .16 Waiver.

*COMAR 24.05.07.16*

The Authority 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 in connection with a direct loan, equity guaranty or guarantied loan necessitates waiver or variance of a regulation; or

B. In the determination of the Authority, the application of a regulation in a specific case or in an emergency situation would be inequitable or contrary to the purposes of the Act.