8. Exemption orders

(1) The Board may by order ("an exemption order") provide for —
(a) specified persons; or
(b) persons falling within a specified class,
to be exempt from the general prohibition.
(2) But a person cannot be an exempt person as a result of an exemption order if he has a licence to carry on a controlled activity under these Regulations.
(3) An exemption order may provide for an exemption to have effect —
(a) in respect of all controlled activities;
(b) in respect of one or more specified controlled activities;
(c) only in specified circumstances;
(d) only in relation to specified functions;
(e) subject to conditions.
(4) "Specified" means specified by the exemption order.