Corporate report

HM Land Registry: Business Impact Target

The business impact target (BIT) is about reducing the regulatory burden on business.

Documents

HM Land Registry Business Impact Target qualifying regulatory provisions

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HM Land Registry summary of non-qualifying regulatory provisions

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Details

On 3 March 2016, the Government announced a target to deliver “a saving of £10 billion to business and voluntary or community bodies from qualifying measures that come into force or cease to be in force during this Parliament.”

HM Land Registry has reduced regulatory burdens on business by a net £0.5 million.

For the period 8 May 2015 to 8 June 2017, HM Land Registry has published:

  • a list of qualifying regulatory provisions
  • impact assessments
  • Regulatory Policy Committee opinions
  • the Business impact target score of each qualifying regulatory provision validated by the Regulatory Policy Committee
  • a summary statement of non-qualifying regulatory provisions
Published 26 May 2017
Last updated 20 June 2017 + show all updates
  1. Housing and Planning Act 2016 impact assessment validated by the Regulatory Policy Committee.
  2. First published.