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Government of Western Australia Department of Commerce Consumer ProtectionCONSULTATIONREGULATORY IMPACT STATEMENT (CHRIS) Review of the Auction Sales Act 1973December 2016NOTICE TO PERSONS MAKING
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How to fill out regulatory impact statement c-ris

01
Start by reviewing the regulatory impact statement (RIS) template provided by the regulatory authority.
02
Understand the purpose and scope of the regulatory impact statement. Identify the specific regulations or policies that require a RIS.
03
Gather all relevant data and information related to the proposed regulations, including the potential impact on various stakeholders, cost estimates, and alternative options.
04
Organize the information in a clear and concise manner, using headings and subheadings to address each aspect of the RIS.
05
Provide an overview of the problem or issue that necessitates the proposed regulations, along with the objectives and expected outcomes.
06
Assess the potential economic, social, and environmental impacts of the proposed regulations. Include both positive and negative impacts.
07
Consider the costs and benefits associated with the proposed regulations. Include any potential compliance costs for businesses or individuals.
08
Evaluate alternative approaches or options, comparing their potential impacts and effectiveness.
09
Recommend the preferred option based on the analysis conducted.
10
Conclude the regulatory impact statement with a summary and any additional supporting data or references.
11
Review and revise the RIS as necessary, ensuring accuracy and clarity.
12
Submit the completed regulatory impact statement to the appropriate regulatory authority.

Who needs regulatory impact statement c-ris?

01
Government departments and agencies responsible for creating new regulations or amending existing ones.
02
Organizations or stakeholders directly impacted by the proposed regulations.
03
Legal and regulatory experts involved in the review and approval process of regulations.
04
Consultants or advisors hired to assess the potential impact of regulations.
05
Public or stakeholder groups interested in providing feedback or participating in the regulatory decision-making process.
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Regulatory Impact Statement (RIS) is a document that outlines the potential impacts of a proposed regulation or policy change.
Government agencies or departments responsible for creating new regulations are required to file a Regulatory Impact Statement (RIS).
Regulatory Impact Statement (RIS) is typically filled out by analyzing the potential impacts of a proposed regulation on various stakeholders and providing recommendations to mitigate those impacts.
The purpose of a Regulatory Impact Statement (RIS) is to inform decision-makers and the public about the potential effects of a proposed regulation before it is implemented.
A Regulatory Impact Statement (RIS) must include information on the purpose of the regulation, its potential impacts on various stakeholders, and any cost-benefit analysis conducted.
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