Articles tagged with Regulatory Impact Statements
New Zealand Issues Statutory Guidance for Transparent and Responsible Regulation 2025
1 month ago | 372 viewsThe Minister for Regulation and the Attorney-General have issued joint statutory guidance to ensure consistent application of the Regulatory Standards Act 2025, requiring Ministers to provide published Consistency Accountability Statements explaining how proposed laws align with responsible regulation principles. From July, Regulatory Impact Statements will be replaced by shorter, more focused Regulatory Analysis Summaries, quality assured by an independent panel to improve transparency and cost-benefit analysis. The guidance, developed with key legal offices, aims to promote necessary, proportionate, and effective regulation while increasing government accountability and informing voters.
Tags: Regulatory Standards Act 2025 Minister Seymour Consistency Accountability Statement Regulatory Impact Statements Regulatory Analysis Summaries Parliamentary Counsel Office Crown Law Office New Zealand government responsible regulationRegulatory Standards Bill: Enhancing Transparency and Accountability in New Zealand Law
7 months ago | 769 viewsRegulation Minister David Seymour celebrates the passing of the Regulatory Standards Bill, emphasizing its importance in revealing the true costs of regulations to the public and reducing regulatory burdens through political pressure. The bill aims to enhance transparency and accountability in legislation by establishing a Regulatory Standards Board to assess consistency with principles of responsible regulation. By promoting evidence-based policy and providing recourse for individuals affected by overreaching regulations, the bill ultimately seeks to improve New Zealand's productivity and empower citizens to hold decision-makers accountable.
Tags: Regulation Minister David Seymour Regulatory Standards Bill Kiwis’ rights Public Finance Act Reserve Bank Act Bill of Rights Act Regulatory Standards Board Regulatory Impact Statements Earthquake Prone Buildings law