What must a Licensee do if they have an Official Waiver form for any WDO contracts?

The correct course of action for a Licensee when they have an Official Waiver form for any WDO contracts is to check the "Yes" box and attach it to the OGWII Report. This process ensures that the waiver is formally recognized and documented within the appropriate reporting framework. By doing this, the Licensee is providing the necessary acknowledgment of the waiver, which is vital for maintaining compliance and transparency with the regulatory authorities. Properly attaching the waiver also facilitates the review process, allowing regulators to have all relevant information at hand.

In contrast, ignoring the waiver form would be irresponsible and could lead to potential violations or issues down the line. Storing the waiver form without taking further action does not complete the required procedure, as it fails to communicate to the authorities that a waiver exists. Sending the waiver form directly to the regulatory authority could disrupt the reporting protocol and create inefficiencies in processing the information. Therefore, checking the "Yes" box and attaching it to the report aligns with the established procedure for handling waivers.