HC Deb 18 November 1996 vol 285 c391W
Mr. Steen

To ask the Chancellor of the Exchequer (1) what regulations his Department proposes to repeal by the end of 1996; if he proposes to conduct a compliance cost assessment on each regulation repealed; and what is the estimated cost of undertaking a compliance cost assessment to determine the advantages and disadvantages of each repeal; [1393]

(2) if he will list the rules and regulations he proposes to repeal or amend by means of a reference to the Deregulation Committee before the end of 1996; and if he will make a statement. [2913]

Mr. Jack

[holding answer 4 November 1996]: The Treasury has consulted on the following proposals for use of the deregulation order-making power. The timing of any reference to the Deregulation Committee will depend on various factors, including the outcome of consultation. Industrial Assurance Acts 1923 and 1948 Trustee Investments Act 1961.

In addition, the Chancellor's departments have completed consultation on the following measures, which are now subject to consideration by the Deregulation Committees of both Houses: Treasury Deregulation (Bills of Exchange) Order Office for National Statistics Deregulation (Validity of Civil Preliminaries to Marriage) Order.

Since the effect in each of the above cases will be to reduce, rather than increase, compliance costs, a compliance cost assessment will not be required. Departments do, however, seek to estimate approximate savings wherever possible. The cost of undertaking a CCA varies from case to case, but is generally modest. Because part of the cost falls on the businesses consulted, a full CCA would be inappropriate for measures designed to reduce business burdens.

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