(1) Before a principal statutory rule is made, the responsible Minister is
required to ensure that, as far as is reasonably practicable, a regulatory
impact statement complying with Schedule 2 is prepared in connection with the
substantive matters to be dealt with by the statutory rule.
(2) Before a
principal statutory rule is made, the responsible Minister is required to
ensure that, as far as is reasonably practicable, the following provisions are
complied with--
(a) A notice is to be published in the Gazette and in a daily
newspaper circulating throughout New South Wales and, where appropriate, in
any relevant trade, professional, business or public interest journal or
publication--
(i) stating the objects of the proposed statutory rule, and
(ii) advising where a copy of the regulatory impact statement may be obtained
or inspected, and
(iii) advising whether, and (if so) where, a copy of the
proposed statutory rule may be obtained or inspected, and
(iv) inviting
comments and submissions within a specified time, but not less than 21 days
from publication of the notice.
(b) Consultation is to take place with
appropriate representatives of consumers, the public, relevant interest
groups, and any sector of industry or commerce, likely to be affected by the
proposed statutory rule.
(c) All the comments and submissions received are to
be appropriately considered.
(3) The nature and extent of the publicity for
the proposal, and of the consultation regarding the proposal, are to be
commensurate with the impact likely to arise for consumers, the public,
relevant interest groups, and any sectors of industry or commerce from the
making of the statutory rule.
(4) In the event that the statutory rule is
made, a copy of the regulatory impact statement and all written comments and
submissions received are to be forwarded to the Legislation Review Committee
within 14 days after it is published.
(5) Comments and submissions received
within one week before the statutory rule is submitted to the Governor (or at
any time afterwards) need not be considered or forwarded to the
Legislation Review Committee.
