The hon. Gentleman will understand that there are many potential gains that we can deliver if we maintain this agenda. Regulatory costs are estimated to be between 10 and 12 per cent. of gross domestic product, and the administrative and paperwork costs make up perhaps a third of that figure. As for measuring the administrative costs of regulation, as we are now doing on an even more ambitious scale, the Dutch Government discovered that they were 3.6 per cent. of GDP.
Legislative and Regulatory Reform Bill
Proceeding contribution from
Baroness Armstrong of Hill Top
(Labour)
in the House of Commons on Tuesday, 16 May 2006.
It occurred during Debate on bills on Legislative and Regulatory Reform Bill.
Type
Proceeding contribution
Reference
446 c961-2 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-22 00:16:03 +0100
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