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Small Businesses: Regulation

Volume 477: debated on Thursday 19 June 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform from which regulatory requirements he proposes to exempt those companies with 20 or fewer employees; and if he will make a statement. (204083)

When we published the Enterprise Strategy next to the Budget in March 2008, we announced that the Government will introduce a new approach to help ensure that regulation affecting small firms achieves the outcomes aimed for while minimising unnecessary impacts. This flexible approach includes considering whether small firms can be exempt from requirements without affecting essential protections or if there is scope for simplified enforcement. This will be applied to new regulation currently under development.

Work already under way to change existing requirements was published in the Enterprise Strategy, a copy of which was placed in the libraries of the House.