Impact assessment of changes to the Estate Agents’ Act

The National Treasury wanted to introduce a regulatory impact assessment (RIA) system of South African law. The project was to use proposed changes to the Estate Agents’ Act to stress test the new system.

Genesis gave technical assistance to the National Treasury to develop valuation techniques to assess the impact of various regulations and recommended modifications to the RIA guidelines that had been developed by the National Treasury.

Genesis then gave training and mentoring to professionals in the public and private sector to develop a regulatory impact analysis.