Wholesale and Retail Task Force

Terms of Reference

Having regard to the overall aims of the Business Facilitation Advisory Committee (BFAC), to –

• review government regulations and procedures impacting on the wholesale and retail sectors, with the aims of cutting red tape, eliminating outdated, unnecessary or burdensome regulations, enhancing regulatory efficiency, transparency and business-friendliness, and reducing regulatory impact and compliance costs to business;
• provide a platform for the Government to consult the wholesale and retail sectors on regulatory proposals and to thrash out the implementation issues of new or proposed regulations;
• oversee and monitor development of the review work;
• explore opportunities for greater use of innovation and technology in facilitating wholesale and retail business; and
• report progress to BFAC on a regular basis.

Membership Paper for Meeting

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