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Governance Policies August 2017The College of Midwives of Ontario Governance Policies Table of ContentsGovernance Process Policies GP1 Governance Principles GP2 Council Role Description GP3 Presidents
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How to fill out regulatory impact assessment statement

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How to fill out regulatory impact assessment statement

01
Identify the regulatory proposal that requires an impact assessment.
02
Determine the objectives and scope of the assessment.
03
Gather relevant data and information on the potential impacts of the proposal.
04
Assess the potential costs, benefits, and risks associated with the proposal.
05
Document the findings and analysis in the regulatory impact assessment statement.
06
Consult with stakeholders and incorporate feedback into the assessment.
07
Submit the completed assessment to the appropriate regulatory agency for review.

Who needs regulatory impact assessment statement?

01
Government agencies and departments responsible for proposing new regulations.
02
Policy makers and legislators involved in the regulatory process.
03
Businesses and industries that will be directly affected by the proposed regulations.
04
Non-profit organizations and advocacy groups with an interest in the regulatory issue.
05
Members of the public who will be impacted by the proposed regulations.
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The regulatory impact assessment statement is a document that evaluates and analyzes the potential effects and implications of a proposed regulation or policy.
Government agencies, departments, or organizations that are proposing new regulations or policies are typically required to file a regulatory impact assessment statement.
To fill out a regulatory impact assessment statement, one must gather relevant data, analyze the potential impacts of the proposed regulation or policy, and provide a comprehensive report detailing the findings.
The purpose of a regulatory impact assessment statement is to inform decision-makers and stakeholders about the potential effects of a proposed regulation or policy before it is implemented.
Information such as the objectives of the proposed regulation, potential costs and benefits, impact on stakeholders, and alternatives considered must be reported on a regulatory impact assessment statement.
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