- Department for Business, Energy & Industrial Strategy
- Part of:
- Business regulation
- 12 September 2017
We assess our regulatory impact on businesses using business impact target (BIT) assessments.
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Our business impact target (BIT) assesses the economic impact of regulation on businesses, and aims to reduce that regulation. This is in line with the obligations set out in the Enterprise Act 2016 and the Small Business, Enterprise and Employment Act 2015.
Qualifying Regulatory Provisions (QRPs) are regulatory activities which are scored against the BIT. Non-Qualifying Regulatory Provisions (NQRPs) are regulatory activities which are excluded from the BIT.
Regulators are required to publish lists of both QRPs and NQRPs.
Published: 12 September 2017