Regulation
(asked on 12th February 2020) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, whether it remains Government policy for new regulations to be subject to the one-in-two-out rule.
This question was answered on 28th February 2020
The Small Business, Enterprise and Employment Act 2015 requires the Government to set a Business Impact Target (BIT), which monitors changes to regulation and the economic impact this has on businesses. The ‘one-in-two-out’ rule has supported the BIT for previous Parliaments.
The Government is currently considering what the BIT should be for this Parliament.