Regulation Impact Statement Requirements for Bills and Legislative Instruments
Mandatory Regulation Impact Statement Bill 2025
Senate
House of Representatives
Assent
Topics
administrative procedure cost benefit analysis government transparency public policy regulatory impact
Introduced by: Senator Tammy Tyrrell (ALP)
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Members of Parliament must prepare a regulation impact statement for most Bills they introduce.
These statements must be presented to the House; they must assess costs, benefits, and alternative policy options.
Rule-makers must prepare a regulation impact statement for most legislative instruments.
The statement must be included in the instrument's explanatory statement.
The rules do not apply to minor or technical matters; they do not apply to things that don't substantially change existing arrangements.
A law remains valid even if a required impact statement was not prepared.
Courts and tribunals are not bound by these statements.