Summary of non-qualifying regulatory provisions: 13 December 2019 to 12 December 2020
Updated 19 December 2022
Applies to England and Wales
Regulatory Policy Committee response
Category | Information |
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Lead regulator | HM Land Registry. |
Summary | Summary information provided on measures or activities that should not be considered as a qualifying regulatory provision for the purposes of the business impact target (BIT). |
Submission type | Non-qualifying regulatory provision (NQRP) summary. |
BIT reporting period covered | 13 December 2019 to 12 December 2020. |
Regulatory Policy Committee (RPC) reference | RPC-BEIS-LR-5023(1) |
Date of issue | 26 November 2020. |
RPC opinion
Rating 1 | RPC opinion |
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Confirmed | The Regulatory Policy Committee is content with the regulator’s assessment of the measures against the exclusion categories in the present BIT framework and agrees that they are non-qualifying regulatory provisions. |
- There is presently no requirement for regulators to submit their NQRP summaries for RPC assurance. The RPC welcomes the regulator’s voluntary submission. This RPC assurance statement does not provide a detailed view of any specific activity in the regulator’s summary document. Nor does it comment on any activities not included in the summary. Some activities might, however, have been the subject of separate assessments of qualifying regulatory provisions.
Other comments
Rating
HM Land Registry has produced a sufficient NQRP summary, annexed, clearly indicating regulatory provisions introduced during the BIT reporting period concerned and the administrative exclusion they fall under.
The RPC is satisfied, and confirms, that these measures are non-qualifying and correctly categorised. For further information, please contact regulatoryenquiries@rpc.gov.uk.
Business impact target summary
Excluded category | Summary of measures, including any impact data where available |
---|---|
Measures certified as being below de minimis (measures with an equivalent annual net direct cost to business (EANDCB) below +/- £5 million) | HM Land Registry has evaluated and found that the measures referenced below shown in order of the magnitude of the impact (both as a benefit and a burden) fall well within the de minimis threshold. In this reporting period HM Land Registry has: |
Casework | Details can be found in HM Land Registry’s Annual Report and Accounts published on GOV.UK. |
Education, communications and promotion | HM Land Registry has amended 3 practice guides to explain changes in legislation by other government departments. In addition, promotional material has been produced by HM Land Registry through webinars, videos, and news stories on GOV.UK to aid in the preparation and lodgement of quality applications and the promotion of new services and products. |
Activity related to policy development | HM Land Registry is trialling an enhanced Digital Registration Service to submit HM Land Registry applications online. |
Changes to management of regulator | HM Land Registry has also undertaken some internal organisational reform which resulted in the processing of certain applications being centralised. |
All other excluded categories | Following consideration of the other exclusion categories there are no measures for the reporting period that qualify for the exclusions. |