Regulatory Policy Committee
The regulations will enable the regulator in Great Britain (GB) to grant new parallel trade permits, which replicate previously issued permits that are due to expire. Also to enable the GB regulator to grant an extension to the current treated seeds transitional arrangement, which currently finishes at the end of December 2023
As originally submitted, the IA was not fit for purpose, due to the RPC assessing that the IA needed to explicitly provide a commentary on the derivation on the estimates within the IA. The RPC believes this is now sufficiently explained. Overall, the Department now presents a good IA that includes a robust and proportionate assessment of costs and benefits. The IA has been transparent about the uncertainties surrounding the assumptions that underpin its counterfactual and wider analysis. Sensitivity analyses have been conducted to address these uncertainties. The net benefit to business reflects the impact relative to a do nothing counterfactual; the IA appropriately notes there would be minimal impact relative to a continuation of existing arrangements. A range of wider impacts have been considered in full, including competition and trade impacts. The Department has not committed to a post- implementation review (PIR), citing an exemption through the powers of the REUL Act.