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<p>HM Treasury’s Green Book guidance on policy appraisal and evaluation sets out how
the economic, financial, social and environmental assessments of a policy, or specification
of regulations, should be combined. The Government has not yet decided how its better
regulation system will operate in this Parliament. This includes any One-In, Two-Out
policy and the setting of a target in respect of the economic impact of new regulation
on business for this Parliament as required under section 21 of the Small Business,
Enterprise and Employment Act 2015.</p>
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