Economists and lawyers define ‘regulation’ in different ways. Traditionally the legal definition refers - narrowly to a subset of delegated regulatory instruments. In contrast, economists have adopted a broad ‘generic’ definition which embodies all written legal and quasi legal instruments ranging over primary legislation, secondary instruments, guidelines, circulars, codes, standards and others.
MPC is assessing both written regulation and the administration and enforcement of regulations. There are four broad stages to writing and implementing regulation.
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THE LATEST DASHBOARD OF MINISTRY OF DOMESTIC TRADE AND CONSUMER AFFAIRS (KPDNHEP)
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