Corporate report
BIS eighth statement of new regulation: regulations covering July to December 2014
Informs businesses and interested stakeholders of Department for Business regulations that come into force between July and December 2014.
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BIS publishes a statement of new regulation every 6 months. These statements list the new domestic regulations we intend to introduce in that 6 month period that fall in scope of the ‘one-in, two-out’ rule.
The government has committed to leave office having cut the overall burden of red tape. One of the ways this is implemented is through the ‘one-in, two-out’ rule, which means any new regulation imposing costs on business is being off-set by deregulatory measures of at least twice the amount.