---
kind: "section"
citation: "12 C.F.R. § 1102.9"
title: "12"
number: "1102.9"
heading: "Waiver termination."
url: "https://uscodex.org/cfr/12/1102.9"
---

# §1102.9. Waiver termination.

- (a) **Mandatory waiver termination.** The ASC shall terminate a temporary waiver Order when the ASC determines that significant delays in the performance of appraisals by certified or licensed appraisers no longer exist.
- (b) **Discretionary waiver termination.** The ASC at any time may terminate a waiver Order on the finding that the terms and conditions of the waiver Order are not being satisfied.
- (c) **Publication in the—** Federal Register. The ASC shall publish either a mandatory or discretionary waiver termination in the Federal Register, and a discretionary waiver termination requires such publication with a 30-day comment period. In the absence of further ASC action to the contrary, a discretionary waiver termination automatically becomes final 21 calendar days after the close of the comment period. A mandatory waiver termination is final upon such a determination being made by the ASC.

## Notes

### Authority

Authority: 12 U.S.C. 3348(b).

### Source

Source: 87 60875, Oct. 7, 2022, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 3348(a), 3332, 3335, 3338 (a)(4)(B), 3348(c), 5 U.S.C. 552a, 553(e); Executive Order 12600, 52 FR 23781 (3 CFR, 1987 Comp., p. 235).