individual exemption

An individual exemption is an administrative exemption, granted under ERISA section 408(a), Code section 4975(c)(2), and/or 5 U.S.C. 8477(c)(3), which applies only to the specific parties in interest and exemption transactions named or otherwise defined in the exemption.

Source

29 CFR § 2570.31

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Scoping language

For purposes of the procedures in this subpart, the following definitions apply:

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