In November 2007 we announced our intention to review the governance processes for the industry codes and charging methodologies. In June 2008, we set out the scope of the review and confirmed that a good governance regime should:
- promote inclusive, accessible and effective consultations;
- have transparent and easily understood processes;
- be administered in an independent and objective manner;
- provide rigorous, high quality analysis of any proposals for change;
- be cost-effective
- contain rules and processes that are sufficiently flexible to allow for efficient management of change; and
- be delivered in a manner that results in a proportionate regulatory burden
The review is considering what changes are required to deliver these objectives. Work strands will look at major policy reforms, self-governance, the role of code administrators, initiatives to support small players, levels of complexity and fragmentation, the code objectives, and the process for changing charging methodologies.