The Renters Reform Bill was introduced to the House of Commons on May 17th, 2023. However, an Impact Assessment (IA) was not published alongside the Bill at that time.

The Impact Assessment for the Bill was first submitted to the Regulatory Policy Committee (RPC) for scrutiny on March 24th. After reviewing the Impact Assessment, the RPC sent its initial feedback to the Department for Levelling Up, Housing and Communities (DLUHC) on April 28th. The RPC found the Impact Assessment inadequate at that time as it lacked robustness. The RPC marked specific areas where amendments were needed. The RPC expressed that the Impact Assessment would receive a negative or red-rated rating if these concerns were not adequately addressed.

In response to the RPC's feedback, DLUHC submitted a revised Impact Assessment on May 16th.

The RPC is in the process of reviewing this revised

The RPC is in the process of reviewing this revised

Impact Assessment at present. After the scrutiny, the RPC will issue an opinion assessing the revised Impact Assessment. This opinion will be shared with the government and Parliament to assist in the final decision-making process and facilitate parliamentary scrutiny of the On 21 June, the Regulatory Policy Committee (RPC) issued its opinion to the Department for Levelling Up, Housing and Communities (DLUHC) regarding the revised Impact Assessment (IA) for the Renters (Reform) Bill. The RPC deemed the revised Impact Assessment 'fit for purpose,' but it also suggested further improvements.

Both the Impact Assessment and the RPC's opinions were published on 3 July 2023. The RPC's role is to produce independent opinions on impact assessments, which assist government departments in ensuring the robustness of their evidence and analysis. These opinions aid in the final decision-making process by ministers and allow for parliamentary scrutiny of regulatory proposals. Publishing these opinions serves to support parliamentarians and provide access to external stakeholders.

Visit Ringley Popular pages:
Page 1: Ringley Group
Page 2: tenancy-agreements-made-easy'>planetrent.co.uk/blog/proposed-amendments-to-the-leasehold-reform-tenancy-agreements-made-easy'>planetrent.co.uk/blog/could-a-tax-tribunal-ruling-mean-btl-investors-avoid-3-stamp-duty-surcharge'>tribunal-judgments-and-legal-costs-bill'>Leasehold Guidance
Page 3: Ringley FAQs
Page 4: Ringley Blog