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Department for Business and Trade: Impact Assessments

Asked by Joe RobertsonConservativeDepartment for Business and TradeTabled Answered 4 April 2025UIN 42168

The question

To ask the Secretary of State for Business and Trade, how frequently his Department reviews initial compliance cost estimates in impact assessments.

Answered by Justin Madders

Sections 28–31 of the Small Business, Enterprise and Employment Act 2015 set the legislative requirements for the inclusion of statutory review provisions in secondary legislation, including that a report of the first review must be published within five years of the relevant legislation's commencement date and subsequent reports published at intervals not exceeding five years. In the absence of a review provision, the post-implementation review statutory guidance made under section 31 of the act states that policies should still be subject to proportionate monitoring, evaluation and non-statutory review, where appropriate.

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