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Is a RIS required even when the regulation will provide a benefit to business or the not-for-profit sector?

April 26, 2017benefit Business not-for-profit regulation RIS sector

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Is a RIS required even when the regulation will provide a benefit to business or the not-for-profit sector?

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Yes – a RIS is required for regulatory decisions likely to have any impact (whether positive or negative) on business or the not-for-profit sector unless the impact is of a minor or machinery nature.