Independent Reviews, RIS-like Processes and the Regulation Impact Statement Requirements guidance note
The Australian Government Guide to Regulatory Impact Analysis describes some special cases in the Regulation Impact Statement (RIS) process, one of which is that a RIS is not required for a regulatory proposal if an independent review or other similar mechanism has undertaken a process and analysis equivalent to a RIS. In such a case, the independent review can substitute for the RIS. This approach aims to remove duplication between comprehensive review processes and RISs.
In these circumstances, the Office of Best Practice Regulation (OBPR) does not assess the quality of the analysis in the Independent Review or RIS-like process. OBPR is, however, required to assess the Independent Review for relevance to the recommended option(s).
This guidance note provides information on when an independent review can be considered equivalent to a RIS.