Regulation Impact Statement – Department of the Treasury
On 25 November 2021, the Government introduced amendments to corporations and taxation legislation to enable the Corporate Collective Investment Vehicle (CCIV) regime.
A CCIV is a new form of collective investment vehicle that uses a corporate structure while providing flow-through taxation.
The Treasury prepared and certified a Regulation Impact Statement (RIS), which the Office of Best Practice Regulation (OBPR) assessed as good practice.
The RIS estimates the average annual regulatory costs at $1.2 million.
OIA assessment of the Impact Analysis
Insufficient
Adequate
Good practice
Exemplary