The regulations may provide that the derivative transaction rules:
(a) cannot impose requirements (or certain kinds of requirements) in relation to certain classes of derivative transactions; or
(b) can only impose requirements (or certain kinds of requirements) in relation to certain classes of derivative transactions in certain circumstances.
Note: A class of derivative transactions can be described by reference to any matter, including (for example):
(a) the derivatives to which transactions relate; or
(b) the circumstances in which transactions were entered into; or
(c) the time when, or place where, transactions were entered into; or
(d) the parties to transactions.