keep Industrial Chemicals (Notification and Assessment) Regulations (Amendment)
This amendment updates the Industrial Chemicals (Notification and Assessment) Regulations to require manufacturers and importers to notify and provide safety data for new industrial chemicals before market entry. It establishes assessment procedures, imposes fees, and sets conditions for introduction to address risks to human health and the environment.
Industrial chemicals can pose significant, irreversible risks to human health and the environment. A pre-market assessment system helps identify hazardous substances before widespread exposure, preventing harm that tort law cannot adequately address after the fact. Removal would leave Australians vulnerable to untested chemicals, replicating the tragedy of the commons where individual firms externalize costs onto society.