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Legislative Assembly for the ACT: 2001 Week 2 Hansard (1 March) . . Page.. 525 ..
(4) If the RIS exemption is disallowed under this Act after the proposed law has been made in whole or in part, the administering Minister must arrange for a regulatory impact statement to be prepared for the subordinate law or disallowable instrument.
(5) The regulatory impact statement prepared under subsection (4) must be presented to the Legislative Assembly within 5 sitting days after the disallowance of the RIS exemption.
(6) This chapter (other than section 30G (When must a regulatory impact statement be presented?)) applies to the law as if the law were a proposed subordinate law or disallowable instrument.
30E Content of regulatory impact statements
(SLA s 9E)A regulatory impact statement for a proposed subordinate law or disallowable instrument (the proposed law ) must include the following information about the proposed law in clear and precise language:
(a) the authorising law;
(b) a brief statement of the policy objectives of the proposed law and the reasons for them;
(c) a brief statement of the way the policy objectives will be achieved by the proposed law and why this way of achieving them is reasonable and appropriate;
(d) a brief explanation of how the proposed law is consistent with the policy objectives of the authorising law;
(e) if the proposed law is inconsistent with the policy objectives of another Territory law-
(i) a brief explanation of the relationship with the other law; and
(ii) a brief explanation for the inconsistency;
(f) if appropriate, a brief statement of any reasonable alternative way of achieving the policy objectives (including the option of not making a subordinate law or disallowable instrument) and why the alternative was rejected;
(g) a brief assessment of the benefits and costs of implementing the proposed law that-
(i) if practicable and appropriate, quantifies the benefits and costs; and
(ii) includes a comparison of the benefits and costs with the benefits and costs of any reasonable alternative way of achieving the policy objectives stated under paragraph (f);
(h) a brief assessment of the consistency of the proposed law with the scrutiny committee principles and, if it is inconsistent with the principles, the reasons for the inconsistency.
30F When is preparation of a regulatory impact statement unnecessary?
(SLA s 9F)
(1)â A regulatory impact statement need not be prepared for a proposed subordinate law or disallowable instrument (the proposed law ) if the proposed law only provides for, or to the extent it only provides for, any of the following:
(a) a matter that is not of a legislative nature, including, for example, a matter of a machinery, administrative, drafting or formal nature;
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