This IA considers the reform of the existing WEEE system in response to the Red Tape Challenge initiative which aims to reduce the burden of regulation on business. An option of introducing a Target and Compliance fee (Option 1) is compared to the baseline of ‘do nothing’ (Option 0). 2. This IA updates a consultation stage IA which considered three very different approaches to deal with the concerns of the existing system. After a formal consultation with stakeholders, two of these options were rejected. The preferred option, Option 1, (referred to as Option 3 in the consultation stage IA) was arrived at after careful consideration of the preferences and views across the main stakeholder groups.