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Reducing the Regulation of Stock Food and Pet Food – Regulation Impact Statement – Department of Agriculture

On 5 March 2015, the Australian Government amended the Agricultural and Veterinary Chemicals Code Regulations 1995 in relation to stock food and pet food. The reforms will see lower risk stock foods and pet foods excluded from pre-market assessment and registration by the Australian Pesticides and Veterinary Medicines Authority (APVMA) providing they meet certain requirements relating to claims, labels, manufacture and ingredients. A Regulation Impact Statement (RIS) analysed options for reform of the regulations and recommended self-determination by industry to better align regulatory effort with risks. The Office of Best Practice Regulation (OBPR) has agreed to regulatory cost savings of $7.8 million per annum. The RIS was prepared by the Department of Agriculture and assessed as compliant and consistent with best practice by the OBPR.