[no bill text published] Regulation impact statement requirements for Bills and legislative instruments
Mandatory Regulation Impact Statement Bill 2025
Private Member's Bill1st House
2nd House
Law
Introduced by: 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.