HC Deb 26 February 2002 vol 380 cc1217-8W
Dr. Cable

To ask the Chancellor of the Exchequer how many regulatory impact assessments have been produced by his Department since August 2001; and if he will list those produced(a) following initial consultation with affected parties about the most appropriate methodology for assessing costs and other impacts and (b) which set out full commercial impacts, including profitability, employment, consumer prices and competitiveness, as recommended in Good Policy Making.[28412]

Ruth Kelly

The Chancellor's Departments have completed 12 Final Regulatory Impact Assessments (RIAs) since August 2001:

HM Treasury The Protection of the Euro against Counterfeiting Regulations 2001; The Money Laundering Regulations; The Insurance Fees Regulation; The Credit Unions Regulations (Increase in limits on deposits by persons too young to be members and of periods for repayment of loans); The Financial Services and Markets Act 2001 (Promotion of collective investment schemes); The Open Ended Investment Companies Regulations; The Money Laundering Regulations.

HM Customs and Excise European Community Legislation: Proposal for a Council Directive Amending the Sixth VAT Directive (77/388/EEC), to simplify, modernise and harmonise the conditions laid down for VAT Invoicing; New VAT Registration Forms.

HM Inland Revenue Life Insurance Polices, etc.—Information duties of Insurers; CIS: Issue of CIS5 (Partner) Certificates; New Tax Credits.

For additional information relating to costing methodology I refer the hon. Gentleman to the answer given to him by the Parliamentary Secretary, Cabinet Office on 17 January 2002, Official Report, column 483W.