12 C.F.R. § 796.4   When do these special restrictions become effective and may they be waived?


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 796—POST–EMPLOYMENT RESTRICTIONS FOR CERTAIN NCUA EXAMINERS

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§ 796.4   When do these special restrictions become effective and may they be waived?

The post-employment restrictions in section 1786(w) of the Act and §796.3 do not apply to any current or former NCUA employee, if:

(a) The individual ceased to be an NCUA employee on or before December 17, 2005; or

(b) The Chairman of the NCUA Board certifies in writing and on a case-by-case basis that granting the senior examiner a waiver of the restrictions would not affect the integrity of the NCUA's supervisory program.

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