Regulatory Standards Board makes first findings

Minister for Regulation David Seymour has today welcomed the publication of the first report by the Regulatory Standards Board (the Board), which shows why council disclosure rules should be brought in line with other government organisations. “Bad regulations have real consequences for real people. People work hard to earn their livelihood. Now the Board protects their rights,” Mr Seymour says. The Board's inquiry examined the Local Authorities (Members' Interests) Act 1968 (LAMIA), which governs financial conflicts of interest in local government and can affect whether a person is able to stand for election, remain in office, or participate in council decision-making. “The Board’s role is to provide expert oversight and advice on new and existing regulation. It will assess laws against principles of good regulatory practice, including necessity, proportionality, transparency, and consistency with the rule of law,” Mr Seymour says. “The Board found the legislation to be inconsistent with principles of responsible regulation under the Regulatory Standard Act 2025 relating to clarity and accessibility, liberties, and effective, efficient and proportionate regulation. “The Board foun

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