Regulatory Impact Assessment
/ˌrɛɡjʊˈleɪtəri ˈɪmpækt əˈsɛsmənt/
Definitions
- (n.) A systematic process to evaluate the potential effects, costs, and benefits of a proposed regulation or policy before implementation.
The government conducted a regulatory impact assessment to ensure the new law would not disproportionately affect small businesses.
Forms
- regulatory impact assessment
- regulatory impact assessments
Related terms
See also
Commentary
Often mandated in administrative procedures, clear RIA drafting enhances transparency and informs decision-making in regulatory processes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.