Cost of law void of regulatory impact assessment - News Summed Up

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Cost of law void of regulatory impact assessment


Above all, it has shown the risks of paths to Parliament that do not include impact assessments. Indeed, at its inception, the KFDA Bill was to have been a government bill. The side-step into a private member’s bill, in the meantime, meant that the bill in Parliament was no longer bound by the normal government process of due diligence. Any government-backed bill must present a Regulatory Impact Assessment, covering the costs involved, and the benefits to the nation. But for the private KFDA Bill that analysis was a blank.


Source: The Star January 03, 2020 00:56 UTC



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