Regulatory Impact Analysis in Legal Research: Way Forward for Malaysian Legislation

Abstract

This article discusses the role of a new mechanism called “regulatory impact analysis” (RIA) in enacting new or amended legislation. RIA requires an impact study of the proposed legislation on the subjects of the law (society or industry) that centers on quantitative and qualitative approaches. The quantitative approach is mainly on searching for impacts based on data and figures while the qualitative method applies a multi-criteria approach. In short, the RIA has the requirements for the making of good law. Malaysia has introduced a similar mechanism although the effort is still in its infancy. This article examines related documents on RIA in Malaysia and why it is needed.

DOI: 10.5901/mjss.2015.v6n3p520