Regulatory Interventions Review
In this section...
- Statement of Intent Homepage 2007/08
- Minister's foreword
- Chief Executive's overview
- Statement of responsibility
- Strategic direction
- Introduction
- Our strategic context
- The outcomes we want for land management and land information
- Our key priorities 2006-2009
- Introduction
- High Country Policy
- Establishing the Geospatial Office
- Regulatory interventions review
- Supporting the 2007 Electoral Representation Commission
- Landonline 100% e-Lodgement programme and associated projects
- Hydrographic Data Infrastructure (HDI)
- Topographic 1:50,000 Map Series
- Overseas Investment Office database
- Risk management
- Focusing on our future capability
- Forecast financial statements
- Appendices
- Contact details
Why the review of the interventions is a priority
LINZ is now in year three of a three-year programme that aims to rationalise all its standards.
We operate in an environment that separates policy development, regulatory intervention and service delivery. With that in mind we have developed a regulatory framework that aims to ensure all our customers and stakeholders understand the Government's primary objectives. The framework also ensures that our regulatory interventions are optimal for the level of risk being managed, and that consistent practices are adopted across all our areas of accountability.
We aim to develop regulatory outcomes - aligned to the policy - that cascade into a series of objectives, so that the level of risk and the required level of intervention can be determined more accurately. This approach helps establish standards that articulate "what" regulators need to see to ensure risks are adequately mitigated. It also enables suppliers to be flexible and innovative in how they deliver to the standard.
Each stage is fully tested to ensure understanding and agreement. Industry is involved throughout the intervention-setting process, so the focus moves from "why a standard exists" to "how best to comply". This creates efficiencies in delivery and raises the level of first-time compliance.
With the framework now fully established, we are in the process of reviewing all our standards to ensure alignment with the goals outlined above. Survey and title standards have been the initial priority given the 100% e-lodgement programme, and are fundamental to achieving our regulatory outcomes.
Contribution to end outcomes
Certainty of New Zealand's property rights and interests.
Contribution to intermediate outcomes
An effective system for defining and transacting land through:
- readily obtainable information - directly or indirectly - at a reasonable cost
- greater reliability of information on rights on which to base investment or development decisions, and
- rights that can generally be transferred without redefinition.
Activities
In 2007/08 LINZ will focus on completing the new standards development for the survey and titles work and will expand this to the valuation and Crown property area. All standards will be undertaken by:
- convening expert committees involving people from outside LINZ who need to use the standards, and
- publishing both the standards and guidelines on the LINZ website for wider public comment. Following the completion of all comment phases, every new intervention will be published on the LINZ website.
In addition to the standards review programme LINZ has changed its focus on how it measures compliance. In the past substantive testing was the predominant methodology. However, we are moving to testing providers' systems and controls. This approach will provide a greater level of assurance to regulators. It is forward looking and therefore preventative, allowing providers to improve their control environment.
In 2007/08 testing of providers' systems and controls will be undertaken in the conveyancing area and become business as usual in the survey sector.
Performance measures
Robust standards and guidelines that all relevant people will assist in developing, and which are directly related to the outcomes and objectives for each technical area.
Greater levels of first-time compliance and increased assistance towards self-regulation.
