Regulator of Social Housing business impact target
Report on the cost to businesses of changes to our regulatory policies and practices.
Applies to England
Documents
Details
皇冠体育app business impact target is about reducing regulatory burden on business as part of the Small Business, Enterprise and Employment Act 2015. It places a duty on RSH to assess the economic impact of any new regulatory provisions or changes and to report on the associated cost to business.
皇冠体育app BIT assessment reports includes:
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a list of all qualifying regulatory provisions 鈥� changes to regulatory policies or practices described in a written ministerial statement. 皇冠体育appse are submitted to the Regulatory Policy Committee for validation.
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a summary statement of non-qualifying regulatory provisions 鈥� excluded from the BIT. 皇冠体育appse are submitted to the RPC for certification.
皇冠体育app regulator also has a duty to exercise its functions in a way that minimises interference and, so far as is possible, is proportionate, consistent, transparent and accountable. In addition, it has a duty 鈥� the 鈥榞rowth duty鈥� 鈥� to have regard to the desirability of promoting economic growth. See Regulating the Standards to find out more about our regulatory approach.