Tag Archives: licensing

Model Law: Alcohol, Cannabis and Tobacco Products

Model laws have existed since the 19th century. They mostly aim to impose or provide suggestions for particular content of law and thus to harmonise laws. Most model laws pre-empt choices. Model laws of the Regulatory Institute are different. The purpose of the model laws elaborated by the Regulatory Institute are to facilitate the tasks of regulatory practitioners, be they working for administrations or parliaments, to improve the quality of laws by triggering more conscious choices. The model laws of the Regulatory Institute should serve as inspiration, as a toolbox, checklist, raw material or a basis for the development of an adapted law and optimised as such. The model laws are not intended to be used exactly as they are drafted. They try to point to important decisions to be taken by the regulatory practitioners without pre-empting respective choices. Often they present choices, either as alternatives, or add-on modules that can be kept or deleted. Continue reading Model Law: Alcohol, Cannabis and Tobacco Products

Regulating for a sustainable natural resources sector to infinity and beyond

It cannot be be overlooked when regulating the sustainable natural resources (oil, gas and minerals) sector that such resources are finite. The benefits of the extracted sustainable natural resources, usually measured narrowly in financial terms, has diminishing returns once the resource arrives at its final destination. Meanwhile, the loss caused by the extraction can continue to be felt long after the financial benefit has run its course, particularly when externalities are not appropriately accounted for in regulation. This howtoregulate article looks at good examples of regulations with the objective of a sustainable natural resources sector. Continue reading Regulating for a sustainable natural resources sector to infinity and beyond