Protocol between the Office of Best Practice Regulation and the New Zealand Treasury Regulatory Impact Analysis Team

Under the Council of Australian Governments’ (COAG) Best Practice Regulation: A guide for ministerial councils and national standard setting bodies, where a regulation impact statement (RIS) prepared for ministerial councils and standard setting bodies involves a trans‑Tasman issue, the Office of Best Practice Regulation (OBPR) will forward the draft consultation RIS and the decision-making RIS to the New Zealand Treasury’s Regulatory Impact Analysis Team (RIAT) for comment. The aim is to ensure that potential impacts to New Zealand are adequately identified and analysed in the RIS.

This document details the working arrangements between the OBPR and RIAT in relation to the assessment of these RISs.