Regulation Impact Statement Updates
Official website for publishing regulatory impact analysis information for regulatory decisions announced by the Australian Government, COAG and COAG Councils.
Domestic Commercial Vessel Survey Regime
Australian Maritime Safety Authority
On 31 January 2018, the Australian Maritime Safety Authority announced changes to vessel survey requirements. The changes align survey frequency with risk on an individual vessel basis, provide for greater flexibility to reduce the number of out-of-water surveys required, and allow surveys to be more easily aligned with other vessel maintenance activities.
The RIS indicates that the preferred option represents an estimated $97 million in quantified net benefits to the community as a whole over a 10-year period, as well as providing numerous unquantified benefits, including for marine safety.
The preferred option results in a reduction in compliance costs to business of $14.31 million per annum.
A decision Regulation Impact Statement (RIS) was prepared by AMSA and was assessed by OBPR as compliant with the Council of Australian Governments (COAG) RIS guidelines by the Office of Best Practice Regulation (OBPR).