Space Industry Regulations 2021: RPC Opinion
Regulatory Policy Committee opinion on DfT鈥檚 impact assessment on Space Industry Regulations 2021
Documents
Details
皇冠体育app impact assessment (IA) to which this opinion relates, deals with proposals for a large potential market and significant risks associated with enabling commercial spaceflight launches from the UK. 皇冠体育appre is currently too much uncertainty about how these risks will be managed, mitigated, and distributed among stakeholders under current legislation. 皇冠体育app Space Industry Act 2018 (SIA) provides broad powers to enable launches from the UK.
皇冠体育appre was an error in the Department鈥檚 original IA relating to the net direct cost to business. 皇冠体育app appraisal period being calculated from 2018 鈥� 2038 (where it should have been 15 years). This was quickly rectified by the Department.
皇冠体育app RPC is pleased that its advice has contributed to the improvement of the analysis supporting regulatory policy in this area. We commend the Department for Transport for producing a well drafted IA covering a complex and wide area of regulations. We also commend the Department for responding positively and quickly to the errors identified by the RPC.
皇冠体育app corresponding IA can be found