Moved by
Lord Purvis of Tweed
42: After Clause 2, insert the following new Clause—
“Free trade agreements: impact assessment
(1) Before making regulations under section 2(1) an appropriate authority must produce an impact assessment of—
(a) any costs to businesses arising from any additional regulatory requirements in connection with exporting goods and services from the United Kingdom in the course of a trade, business or profession; and
(b) any additional costs to businesses arising from exporting or importing goods and services to or from Northern Ireland in the course of a trade, business or profession.
(2) Prior to the ratification of any future international trade agreement not implemented under section 2, an appropriate authority must produce an impact assessment of—
(a) any costs to businesses arising from any additional regulatory requirements in connection with exporting goods and services from the United Kingdom in the course of a trade, business or profession; and
(b) any additional costs to businesses arising from exporting goods and services to Northern Ireland in the course of a trade, business or profession.”
Member’s explanatory statement
The new Clause requires an impact assessment is made of any additional costs to businesses arising from exporting goods and services from the United Kingdom, and within the UK’s internal market.