What's new?
On 4 March 2013, Cabinet agreed to an initial set of expectations for regulatory stewardship (the regulatory expectations) [CAB Min (13) 6/2B refers]. The regulatory expectations outline at a high level how departments should be designing and implementing regulatory regimes and their stewardship responsibilities in administering those regimes, such as undertaking monitoring and review.
The regulatory expectations supersede the Government Statement on Regulation: Better Regulation, Less Regulation. The Government statement on regulation has served its purpose in setting expectations for how departments regulate. The regulatory expectations create broader expectations on departments which apply throughout the full life-cycle of regulation.
Central agencies will be monitoring and reporting progress towards the regulatory expectations over time. This year, Treasury is seeking information from departments on their current regulatory management arrangements. This will provide baseline data for future monitoring and reporting. We have adapted and broadened the Regulatory System Report that departments have provided in previous years for this purpose.
Our intention is that the regulatory expectations, and the precise information we gather from departments to assess their performance against these expectations, will evolve in subsequent years. Treasury, working with the Department of Prime Minister and Cabinet and the State Services Commission, will be responsible for the review process, and ongoing guidance and training.
