---
kind: "section"
citation: "12 C.F.R. § 796.4"
title: "12"
number: "796.4"
heading: "When do these special restrictions become effective and may they be waived?"
url: "https://uscodex.org/cfr/12/796.4"
---

# §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](/cfr/12/796.3.md) 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.

## Notes

### Authority

Authority: 12 U.S.C. 1786(w).

### Source

Source: 70 FR 72703, Dec. 7, 2005, unless otherwise noted.