The Regulatory Guillotine has already been applied in several countries in transition with the aim of reviewing and updating the legacy of laws, rules, and other instruments dating back decades.
The Croatian variant of this regulatory reform, called "Hitrorez" (Quick-Cut in an unofficial translation), should help the country review, eliminate, and replace regulations not consistent with a market democracy.
According to the experience of countries that have implemented this reform, the first stage of the reform will result in the annulment of between 30 and 50 percent of procedures that are not being applied and the simplification of an additional 30 to 40 percent.
In the process of 'guillotine' the government and state bodies will first define the scope of the 'guillotine'.
The reform includes several filters: the government or state bodies such as ministries, and parties interested in the simplification of regulatory procedures, such as companies and businesses.
Each regulation in the scope of the guillotine is assessed according to three criteria: its usefulness in the future development of the country, its lawfulness, and its market-friendliness (Is it clear and simple for businesses?).
In addition, also checked is the compliance of the regulation in question with World Trade Organisation and European Union standards.
The Regulatory Guillotine project has so far been implemented in Mexico, South Korea, Moldova, Hungary etc.
The proposal for implementing this reform was moved in March this year by the National Competitiveness Council.