INSTITUTION OF REGULATORY IMPACT ASSESSMENT AS A WAY OF IMPLEMENTING THE BALANCE OF PRIVATE AND PUBLIC INTEREST (REGULATORY ENFORCEMENT ANALYSIS)
The Institute of Regulatory Impact Assessment, which is a part of the regulatory decision-making process, is a tool for organizing an effective dialogue between government and businesses. Today, no significant decision regarding business can be made unilaterally by the authorities. The Institute of Regulatory Impact Assessment is an effective tool to ensure the balance of private and public interests and at the junction of administrative and business law - an important part of the business law. The article studies the issues of observing the balance of private and public interest in business law. The article analyzes the first court decisions on challenging normative legal acts with the use of conclusions on the regulatory impact assessment.