Regulatory Impact Statement and Business Compliance Cost Statement
58. A Regulatory Impact Statement and Business Compliance Cost Statement are attached that comply with the requirements for Regulatory Impacts Statements and Business Compliance Cost Statements as set out in Cabinet Office Circular CO (04) 4.
59. Based on the information provided in the attached RIS/BCCS, the Regulatory Impact Analysis Unit considers that the disclosure of information is adequate, and the level of analysis is appropriate given the likely impacts of the proposal.
60. While the exact costs are unable to be quantified at this time, the Business Compliance Costs Statement provides general information on expected compliance costs relating to disclosure, education and other mandatory standards.
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