The goal of the PCA is to enable the achievement of nationally consistent, minimum necessary standards of relevant safety, health, amenity and sustainability objectives efficiently.
This goal is applied so that:
• There is a rigorously tested rationale for the regulation; and
• The regulation is effective and proportional to the issues being addressed such that the regulation will generate benefits to society greater than the costs (that is, net benefits); and
• There is no regulatory or non-regulatory alternative (whether under the responsibility of the Board or not) that would generate higher net benefits; and
• The competitive effects of the regulation have been considered and the regulation is no more restrictive than necessary in the public interest.
Proposals to change the PCA are subjected, as applicable to a Regulatory Impact Assessment process.