(a) The OCC may waive any requirement of this part, or any required information:
(1) Determined to be unnecessary by the OCC;
(2) In connection with a transaction approved by the OCC for supervisory reasons, or
(3) Where a provision of this part conflicts with a requirement of applicable state law.
(b) Any condition, stipulation or provision binding any person acquiring a security issued by a savings association which seeks to waive compliance with any provision of this part shall be void, unless approved by the OCC.