REDUCING UNNECESSARY REGULATORY BURDENS (RURB)

What is RURB?

Regulatory burdens arise from the costs imposed by regulation and enforcement that would otherwise not arise for businesses. Where requirements from regulation create a change in business behaviour and practices, a regulatory burden can be said to exist. Regulations can adversely impact on businesses in various ways. Most fall under the following four categories of cost impacts:

  • Administrative and operational requirements, such as:
    • Reporting, record keeping
    • Getting legal advice, training
  • Requirements on the way goods are produced or services supplied, such as:
    • Prescriptions on production methods
    • Occupational registration requirements, requiring professionals to use particular techniques
  • Requirements on the characteristics of what is produced or supplied, such as:
    • Being required to provide air bags in all motor vehicles
    • Requiring teachers or trainers to cover particular topics
  • Lost production and marketing opportunities due to prohibitions, such as:
    • When certain products or services are banned.

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