With Government committed to reducing the regulatory burdens on business in order to help economic growth, the Red Tape Challenge process is scrutinising UK legislation to see where there may be scope for amendments or repeals to reduce regulatory burdens.
Part of this exercise has included a proposal to amend the Estate Agents Act. The RICS – which operates a comprehensive expert witness service for property disputes – was among those asked by the Department of Business Innovation and Skills (BIS) for its views on the proposal to amend the legislation.