Cap. 512 Art. 4Assessment function.

(1) In its function of carrying out an impact assessment in terms of article 3(2)(a):

(a) in case of primary and subsidiary legislation, a government department, government entity or government agency shall fill in the Impact Assessment Framework as set out in Schedule I, or as may be further established under any other legislation;

(b) any instrument which is determined to have an effect on SMEs shall be accompanied by a report on the outcome of a SME Test which shall be carried out by the government department, government entity or government agency concerned following the procedure set out under Schedule II.

(2) The application of the SME Test under sub-article (1)(b) shall be carried out in coordination with the central entity identified under article 5, which entity shall solely be responsible for overseeing the implementation of Section 6 of the Impact Assessment Framework.

(3) The Impact Assessment Framework referred to in sub-article (1)(a) and set out in Schedule I shall be published in the English version only.