Federal Government introduces rules to limit red tape

Federal Government introduces rules to limit red tape

Federal Government introduces rules to limit red tape

Photo: Colourbox

The "one in, one out" rule shall apply to all of the Federal Government’s regulatory proposals that have an impact on the business community’s existing compliance costs. The core of this approach is that each Federal Ministry, when introducing new regulations that represent a burden for business, must cut red tape elsewhere.

The usual time limit for compensatory measures to be presented is one year. The aim is to limit the rise in compliance costs within the legislative term.