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Anna Soubry - Department for Business, Innovation and Skills

My noble Friend the Parliamentary Under Secretary of State for Business, Innovation and Skills (Baroness Neville-Rolfe) has today made the following statement.

The Enterprise Bill was introduced in this House on 16 September. It is a Bill that brings forward measures to support businesses to set up and grow. One of those measures extends the Business Impact Target (BIT) to include the activities of statutory regulators. We will require those regulators to assess and report on the impact of their regulatory activities on business. It is intended that this measure will help contribute to this Governments commitment to reduce the regulatory burden on business by 10bn over the life of this Parliament.

The Enterprise Bill will extend the BIT brought in by the Small Business Enterprise and Employment 2015 Act. This will ensure that statutory and non-statutory national regulators - undertaking regulatory activity that has an impact on business relating to matters reserved to UK Ministers - operate within a system where there is transparent reporting of the costs to business of their regulatory activities underpinned by statute

The Bill itself does not specify which regulators are being brought into scope of the BIT; that will be set out in secondary legislation following a public consultation in early 2016. The Government is carefully considering the position of each regulator, and final decisions have yet to be made. However to assist the House in considering the clauses before it I am providing an indicative list of the bodies that are currently being considered for inclusion. This list is not definitive and the views of business, regulators and other respondents to the consultation will inform the legislation to be submitted to the House in 2016.

REGULATORS IN SCOPE OF BUSINESS IMPACT TARGET

STATUTORY (under consideration to be brought into scope under Enterprise Bill)

  • Architects Registration Board
  • Assay Offices (Sheffield, Birmingham, London, Edinburgh)
  • British Hallmarking Council
  • Care Quality Commission
  • Charity Commission for England and Wales
  • Civil Aviation Authority
  • Coal Authority
  • Commissioners of Irish Lights (in relation to their regulatory activity in Northern Ireland)
  • Registrar of Companies (England and Wales), Registrar of Companies (Scotland)
  • Competition and Markets Authority
  • Equality and Human Rights Commission
  • Environment Agency
  • Financial Conduct Authority
  • Financial Reporting Council
  • Food Standards Agency
  • Forestry Commission
  • Gambling Commission
  • Gangmasters Licensing Authority
  • Groceries Code Adjudicator
  • Health and Safety Executive
  • Higher Education Funding Council for England
  • Historic Buildings and Monuments Commission for England (Historic England)
  • Homes and Communities Agency
  • Human Fertilisation and Embryology Authority
  • Human Tissue Authority
  • Information Commissioner
  • Marine Management Organisation
  • Natural England
  • Northern Lighthouse Board
  • Oil and Gas Authority
  • Office of Communications
  • Office of the Immigration Services Commissioner
  • Office for Fair Access
  • Office for Nuclear Regulation
  • Office for Standards in Education, Children's Services and Skills
  • Office of Qualifications and Examinations Regulation
  • Office of Rail and Road
  • Office of the Regulator of Community Interest Companies
  • Office of Gas and Electricity Markets
  • Payment Systems Regulator
  • Pensions Regulator
  • Security Industry Authority
  • Sports Grounds Safety Authority
  • Traffic Commissioners for Great Britain
  • Trinity House Lighthouse Services
  • Water Services Regulation Authority

REGULATORS FOR FURTHER DISCUSSION (may be brought into scope under Enterprise Bill)

  • Professional bodies listed in Schedule 3 to the Money Laundering Regulations 2007
  • Bodies regulated by the Professional Standards Authority for Health and Social Care
  • Monitor
  • Farriers Registration Council

NON-STATUTORY (for information only, already in scope under SBEE Act 2015)

  • Animal and Plant Health Agency
  • Animals in Science Regulation Unit
  • Claims Management Regulation Unit
  • Drinking Water Inspectorate
  • Driver and Vehicle Standards Agency
  • DVLA
  • Employment Agency Standards Inspectorate
  • Fish Health Inspectorate, CEFAS
  • Insolvency Service
  • Intellectual Property Office
  • Land Registry
  • Maritime and Coastguard Agency
  • Medicines and Healthcare Products Regulatory Agency
  • National Measurement and Regulation Office
  • Rural Payments Agency
  • Vehicle Certification Agency
  • Veterinary Medicines Directorate
 


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