Regulators must report against the government’s business impact target (BIT) under the Enterprise Act 2016.
These are the first BIT assessments for new regulatory measures introduced by Natural England. Information on regulatory activity that doesn’t score against the BIT is also provided. The Regulatory Policy Committee have verified both the qualifying and non-qualifying measures.
Scores for each impact assessment contribute towards:
- the government’s £10bn BIT
- the Department for Environment, Food & Rural Affairs’ target of £470 million savings to business