Business impact target: annual reports
Annual progress reports on the business impact target (BIT) to reduce unnecessary regulatory burdens on business.
▤ Verbatim text from source document
The business impact target (BIT) concerns the economic impact of regulation on businesses.
Each year we publish a progress report including:
- information on regulatory provisions that have come into force or ceased to be in force during the parliamentary year
- an assessment of the economic impact on business of the regulatory provisions
The report is a statutory obligation of the Small Business, Enterprise and Employment Act (SBEE) 2015.