Regulatory Standards Bill Passes First Reading

Regulatory Standards Bill passes first reading

The Regulatory Standards Bill has passed its first reading in Parliament.

Government’s controversial Regulatory Standards Bill passes first reading

The regulations minister welcomed the legislation’s advancement, saying red tape was holding the country back, while the Opposition denounced it as a “dangerous power grab”.

Regulatory Standards Bill Passes First Reading

“In a high-cost economy, regulation isn’t neutral - it’s a tax on growth. This Government is committed to clearing the path of needless regulations by improving how laws are made,” says Regulation Minister David Seymour.

Grupo Neoelectra has urged the Ministry for the Ecological Transition and the Demographic Challenge (Miteco), taking into account the recommendations of the National Commission on Markets and Competition (CNMC), "to activate as soon as possible a clear, stable and favourable regulatory framework for the reactivation of cogeneration." In a statement, the independent producer of electrical and thermal energy for the industry has positively appreci…