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It is a rule, order or regulation that has the power of law. It can be ordered by a monarch in council, or by another official with the special authority of Parliament.

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Q: What is a statutory instrument?
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What is the difference between a Act and Statutory instrument?

An Act is a primary legislation passed by a legislative body, such as a parliament, while a Statutory Instrument is a form of delegated legislation made under the authority of an Act of Parliament. Statutory Instruments provide the necessary details and regulations to implement the provisions of an Act.


Is SEBI a statutory body or non statutory body?

Statutory Body


What is the difference between statutory and non statutory audits?

what is the difference between statutory audit and non statutory audit.


What is statutory inducement?

What is statutory inducements


What are statutory expenses?

statutory expenses


What is a statutory inducement?

A statutory inducement refers to a provision in a law or statute that encourages certain behavior or actions. It is a legal incentive offered by the government to influence individuals or organizations to act in a desired way, such as offering tax breaks for investing in certain industries.


What the difference between statutory and non statutory bodies?

A statutory body deals with written law; non-statutory deals with implied law.


What is statutory fund means?

what is statutory fund


Statutory lending ratio?

There is no statutory lending ratio.


Can there be a copyright in a Legal document or statutory instrument?

Generally not. Since most legal documents are a simple recitation of facts they fail to qualify for copyright protection because they lack sufficient originality of expression.


What is the definition of statutory estate?

==One Answer== There is no textbook definition for a "statutory estate" in the U.S. Perhaps you are referring to the statutory right of a spouse to waive the will and take a statutory share of the estate instead.


What are the three parts of delegated legislation?

Local authority by-laws, made by local councils under enabling Acts.Public corporation by-laws - made under statutory authority.Rules of court, made by the rules committees.European regulations, made by the European Commission and law as a result of the European Communities Act 1972.Ministerial/departmental regulations, made by statutory authority.Orders in Council, made by statutory authority or under the Royal Prerogative (for example, for exercising control over new dominions).