A quick guide to Cabinet's Regulatory Impact Analysis (RIA) requirements
Are you embarking on policy work with potential regulatory implications that will lead to submission of a Cabinet paper? “Potential regulatory implications” means it includes options that involve creating, amending or repealing primary legislation or regulations.
Discuss PIRA with Treasury policy team as early as possible, to confirm whether the RIA requirements apply and whether any resulting regulatory proposal is likely to have a significant impact or risk.
|Apply the RIA framework to your policy work right from the start of the policy development process.|
|The RIS is to be prepared before the Cabinet paper. It provides a summary of the impact analysis for decision-makers and must include all the required information.|
|The person with responsibility for producing the RIS is required to complete and sign a disclosure statement, to be attached to the front of the RIS.|
|Independent quality assurance is to be provided either by RIAT or through a suitable internal review process. A quality assurance statement is to be provided in the Cabinet paper.|
|The Cabinet paper focuses on the Minister's proposal. It may refer to the RIS, which is appended to the Cabinet paper.|
|The Minister is required to certify in the Cabinet paper whether the proposal is consistent with the expectations in the Government Statement on Regulation.|
|All RISs must be published on the agency and Treasury websites. The URLs to published RISs must be included in the Explanatory Note to Bills, but with hard copies also provided to the House if a Bill is introduced under urgency.|
|All “significant” regulatory proposals that do not meet the RIA requirements will undergo a post-implementation review.|