further information on expectations below Validation assessment only Consultation and final IAs including an EANCB at final stage Confirmation of nonqualifying legislative proposal The RPC will not see the proposal ID: 583935
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Slide1
Legend / what to submit:
(further information on expectations below)
Validation
assessment
only
Consultation and final IAs (including an EANCB at final stage)
Confirmation of non-qualifying
legislative
proposal
The RPC will not see the proposal
Key questions affecting RPC scrutiny requirementsSlide2
Validation IA only
Consultation and final IAs (including an EANDCB at final stage)
Confirmation of non-qualifying legislative proposal and indication of the scale of costs
The RPC will not see the proposal
The RPC will validate these measures at final stage. This will include changes by regulators, and some fast track measures .
A proportionate assessment to be submitted to the RPC will include sufficient information to:
support the estimated equivalent annual net cost to business (EANDCB),
d
escribe what
the proposal is, the number of businesses affected and the impacts per business, and
justify
assumptions or data sources used.
Does not need to be in the IA
template
– but if an IA is produced for other reasons
it may
be
appropriate
to use that IA. Regulators, for example, may have completed business engagement assessments that provide the necessary information.
Full IAs will need to be submitted in advance of consultation and final policy clearance.
This will include all significant regulatory proposals from departments requiring RRC clearance, whether a qualifying regulatory proposal or not.
At final stage this will include the validation of an
estimated equivalent annual net cost to business (
EANCB).
The submission to the RPC should include:
A
description of the measure, what business will need to do differently, and a summary of its anticipated impacts e.g. based on the likely costs and number of businesses affected. This should be no longer that three paragraphs in total and;
A
statement of which exclusion(s) the measure falls under, together with any justification as required.
The RPC anticipate such submissions to be concise/brief, and have prepared a template to be used for these cases.
Nothing will be submitted to the RPC, but the relevant policy clearance requirements still apply.
What needs to be submitted to the RPC?Slide3
‘Type’ of measure
Size
Legal requirements
Additional administrative requirements?What do the RPC need to see?
What does this requireQualifying regulatory provisionOver £1m cost
Verification of impact
Government departments – scrutiny of proposal prior to consultation agreement
Government departments - IA at consultation and final
Government
departments - Full IAs at both stages.
Regulators – nothing
Regulators - v
alidation assessment at final stage
Regulators - A proportionate assessment with sufficient information describing what the proposal is, the number of businesses affected and the impacts per business, and sufficient information to support the appropriateness of assumptions or data sources used. Must include an EANDCB.
Under £1m cost or deregulatory
Verification of impact
None
Validation assessment at final stage
A proportionate
assessment with sufficient information describing what the proposal is, the number of businesses affected and the impacts per business, and sufficient information to support the appropriateness of assumptions or data sources used. Must include an EANDCB. Does not need to be in the IA template.
Non-qualifying regulatory
provision
Over £1m cost
Confirmation
of non-qualifying status
Government departments
– scrutiny of proposal prior to consultation agreement; and
verification of costs
Government departments - IA at consultation
and final
Government departments
- F
ull IAs. Including an
EANDCB
Regulators - nothing
Regulators – nothing*
Under £1m cost
Confirmation
of non-qualifying status
None
Government departments - Sufficient information to confirm status and low value
Government departments - sufficient information to confirm non-qualifying status and an indication of the likely volume of businesses affected and scale of change. The RPC anticipate such submissions to be concise/brief, and have prepared a template to be used for these cases.
Regulators – nothing*
Not a regulatory provisionOver £1m cost fees and chargesNothingGovernment departments – scrutiny of proposal prior to consultation; andverification of costsGovernment departments - IA at consultation and finalGovernment departments - Full IAs at both stages.Regulators - nothingRegulators - nothingUnder £1m cost / beneficial fees and charges and all othersNothingNoneNothing
* - the RPC
will review regulators’ NQRP summaries that are submitted on a voluntary basis to provide assurance that NQRPs have been correctly classified