Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what is the difference between an impact assessment and a regulatory triage assessment when undertaken by a government department.
An impact assessment is a means of using cost benefit analysis to inform policy decision-making and to ensure good practice in developing policy based on robust evidence.
Regulatory triage assessments were used in the previous Parliament to demonstrate that measures were eligible for ‘fast track scrutiny’ under the better regulation framework, and applied to either deregulatory measures or those with gross impacts under £1 million a year.
For this Parliament, regulatory triage assessments are no longer required. Some Departments may have retained the triage assessment as part of their internal process