Once a decision to regulate is taken, regulatory proposals should be assessed for their appropriateness and cost-effectiveness using RIA; the scope to apply non-regulatory or – more light handed regulatory options considered, along with the transition costs and the sustainability of the policy intervention under each option; genuine and meaningful public consultation undertaken; and the decision making process is transparent. Lifting regulatory performance Jurisdiction Reforms Progress update Commonwealth Initiatives to strengthen the reach of All of these initiatives have RIS processes, stakeholder been implemented and will consultation and the transparency and continue under the new RIS accountability of regulatory decision system, to be introduced from making. These initiatives include: 1 July 2013. the introduction of mandatory RIA processes for regulatory proposals unless the impact on business is minor or machinery in nature; the requirement to describe consultation processes and their outcomes in the RIS if it is to be assessed as adequate; online publication of RISs on a central website shortly after announcement of the regulatory action; and outposting of the OBPR officers to assist in the development of RISs. NSW A on, two off’ regulation reduction ‘one policy commenced in NSW on 4 April 2011. Under the on, two off’ policy, ‘one each calendar year the NSW Government will aim to ensure that: the number of principal legislative instruments repealed is at least twice the number of new principal legislative instruments introduced (a ‘numeric test’); and the regulatory burden imposed by new principal legislative instruments within each portfolio is less than the regulatory burden removed by the repeal of principal legislative instruments from the same portfolio (a burden constraint’). ‘regulatory
Once a decision to regulate is taken, regulatory proposals should be assessed for their appropriateness and cost-effectiveness – using RIA; the scope to apply non-regulatory or more light handed regulatory options considered, along with the transition costs and the sustainability of the policy intervention under each option; genuine and meaningful public consultation undertaken; and the decision making process is transparent. Lifting regulatory performance Jurisdiction Reforms Progress update Commonwealth Initiatives to strengthen the reach of RIS processes, stakeholder consultation and the transparency and accountability of regulatory decision making. These initiatives include: the introduction of mandatory RIA processes for regulatory proposals unless the impact on business is minor or machinery in nature; the requirement to describe consultation processes and their outcomes in the RIS if it is to be assessed as adequate; online publication of RISs on a central website shortly after announcement of the regulatory action; and outposting of the OBPR officers to assist in the development of RISs. All of these initiatives have been implemented and will continue under the new RIS system, to be introduced from 1 July 2013. NSW A ‘one on, two off’ regulation reduction policy commenced in NSW on 4 April 2011. Under the ‘one on, two off’ policy, each calendar year the NSW Government will aim to ensure that: the number of principal legislative instruments repealed is at least twice the number of new principal legislative instruments introduced (a ‘numeric test’); and the regulatory burden imposed by new principal legislative instruments within each portfolio is less than the regulatory burden removed by the repeal of principal legislative instruments from the same portfolio (a ‘regulatory burden constraint’).
BAF-Lifting-Regulatory-Performance.docx