OpenLegislation

The Business Impact Target (Relevant Regulators) Regulations 2017

S.I. 2017/344 · Made 8 March 2017 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 1 August 2019.

Regulatory Reform

Made 8th March 2017

Coming into force in accordance with regulation 1

The Secretary of State makes the following Regulations in exercise of the power conferred by section 22(9)f1 of the Small Business, Enterprise and Employment Act 2015f2.

In accordance with sections 22(10)f3 and 161(4) of that Act, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.

Annotations to the whole text

Footnotes

f1

Section 22(9) was inserted by section 14(3) of the Enterprise Act 2016 (c.12).

f2

2015 c.26; amended by the Enterprise Act 2016 (c.12).

f3

Section 22(10) was inserted by section 14(3) of the Enterprise Act 2016 (c.12).

Contents

  1. 1Citation and commencement
  2. 2Relevant regulators
  3. Signature
  4. Schedule Schedule
  5. Explanatory note

1Citation and commencementI1

These Regulations may be cited as the Business Impact Target (Relevant Regulators) Regulations 2017 and come into force on the twenty first day after the day on which they are made.

2Relevant regulatorsI1

For the purposes of section 22 of the Small Business, Enterprise and Employment Act 2015 (and of sections 24Af1 and 26f2 of that Act), a “relevant regulator” means a body or other person specified in the Schedule.

Signature

Prior

Parliamentary Under Secretary of State Minister for Small Business, Consumers and Corporate Responsibility

Department for Business, Energy and Industrial Strategy

8th March 2017

I1

  • British Hallmarking Councilf1

  • Care Quality Commissionf2

  • Charity Commission for England and Walesf3

  • Chief Inspector of Drinking Waterf4 and other persons appointed under section 86(1) of the Water Industry Act 1991f5

  • Civil Aviation Authorityf6

  • Coal Authorityf7

  • Commission for Equality and Human Rightsf8

  • Commissioners of Irish Lights

  • Competition and Markets Authorityf9

  • Comptroller-General of Patents, Designs and Trade Marksf10

  • F1...

  • Environment Agencyf11

  • Financial Conduct Authorityf12

  • Financial Reporting Council Limitedf13

  • Food Standards Agencyf14

  • Forestry Commissionersf15

  • Gambling Commissionf16

  • Gangmasters and Labour Abuse Authorityf17

  • Gas and Electricity Markets Authorityf18

  • Groceries Code Adjudicatorf19

  • Guardians of the Standard of Wrought Plate in Birmingham (the Birmingham Assay Office)f20

  • Guardians of the Standard of Wrought Plate within the town of Sheffield (the Sheffield Assay Office)f21

  • Health and Safety Executivef22

  • Her Majesty’s Land Registryf23

  • Her Majesty’s Revenue and Customsf24

  • F2...

  • Historic Buildings and Monuments Commission for Englandf25

  • Homes and Communities Agencyf26

  • Human Fertilisation and Embryology Authorityf27

  • Human Tissue Authorityf28

  • Immigration Services Commissionerf29

  • Incorporation of Goldsmiths of the City of Edinburgh (the Edinburgh Assay Office)f30

  • Information Commissionerf31

  • Marine Management Organisationf32

  • Natural Englandf33

  • Northern Lighthouse Board

  • Office for Nuclear Regulationf34

  • Office for Standards in Education, Children’s Services and Skillsf35

  • F3The Office for Students

  • Office of Communicationsf36

  • Office of Qualifications and Examinations Regulationf37

  • Office of Rail and Roadf38

  • Oil and Gas Authorityf39

  • Payment Systems Regulatorf40

  • Pensions Regulatorf41

  • Registrars of companiesf42

  • Regulator of Community Interest Companiesf43

  • Security Industry Authorityf44

  • Sports Grounds Safety Authorityf45

  • Traffic Commissionersf46

  • The Trinity House (as defined in section 223(1) of the Merchant Shipping Act 1995f47)

  • Wardens and Commonalty of the Mystery of Goldsmiths of the City of London (the London Assay Office)f48

  • Water Services Regulation Authorityf49

Explanatory note

(This note is not part of the Regulations)

Section 22(9) of the Small Business, Enterprise and Employment Act 2015 (c.26) (“the 2015 Act”), inserted by section 14(3) of the Enterprise Act 2016 (c.12) (“the 2016 Act”), gives the Secretary of State the power to specify in regulations bodies and persons which are “relevant regulators”.

Section 24A of the 2015 Act, inserted by section 14(4) of, and Schedule 2 to the 2016 Act places an obligation upon these regulators to publish certain documents. One of these documents is an assessment of the economic impact upon business activities of certain “regulatory provisions”. Section 22 of the 2015 Act determines which activities of these regulators will be classed as “regulatory provisions” and section 26 of the 2015 Act places obligations on the regulators in the event that the Secretary of State amends the business impact target framework. These Regulations specify the bodies and persons that are “relevant regulators”. These bodies and persons are listed in the Schedule to these Regulations.

A full impact assessment of the effect that this instrument will have on the costs of business and the voluntary sector is available at https://www.gov.uk/government/consultations/business-impact-target-growth-duty-and-small-business-appeals-champion.