About the product
The law firm has expertise in the conduct of Regulatory Impact Assessments (RIA) prior to the development of new legislation/regulations and provides advice and consultancy services on the same.
The role of RIA is to provide a detailed and systematic appraisal of the potential impacts of a new regulation in order to assess whether the regulation is likely to achieve the desired objectives.
In Kenya, the requirement for an RIA is made under section 6 of the Statutory Instruments Act, 2012 (SIA) as read with sections 2, 3, 4 and 5 of the SIA. Section 6 specifically provides that, if a proposed statutory instrument is likely to impose significant costs on the community or part of the community, the regulatory making authority shall prior to the making of the statutory instrument prepare a regulatory impact statement about the instrument."
The firm’s expertise in this area enables us to provide regulatory making authorities and regulatory developing authorities with the right advice and tools to enable them prepare a regulatory impact statement as required by the SIA.
The role of RIA is to provide a detailed and systematic appraisal of the potential impacts of a new regulation in order to assess whether the regulation is likely to achieve the desired objectives.
In Kenya, the requirement for an RIA is made under section 6 of the Statutory Instruments Act, 2012 (SIA) as read with sections 2, 3, 4 and 5 of the SIA. Section 6 specifically provides that, if a proposed statutory instrument is likely to impose significant costs on the community or part of the community, the regulatory making authority shall prior to the making of the statutory instrument prepare a regulatory impact statement about the instrument."
The firm’s expertise in this area enables us to provide regulatory making authorities and regulatory developing authorities with the right advice and tools to enable them prepare a regulatory impact statement as required by the SIA.
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