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A "statute" refers to a codified law. A "statutory instrument" is a document that derives its power or authority from a statute.

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What is the difference between the passage and promulgation of an Act?

The passage of an Act refers to the formal approval of the legislation by the legislative body, such as a parliament or congress. Promulgation, on the other hand, is the official announcement or proclamation of the Act by the relevant authority, making it known to the public and putting it into effect.


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 is the the statutory requirement that ensures full and open competition for government acquisitions?

The statutory requirement that ensures full and open competition for government acquisitions is the Competition in Contracting Act (CICA). This act requires federal agencies to obtain full and open competition in their acquisitions, ensuring fair and equitable opportunities for all potential vendors to compete for government contracts.


What was a difference between Sherman and Clayton antitrust act?

The Clayton Antitrust Act was intended to stop trusts from ever forming.apex=)


What is the difference between an act of omission and an act of commission?

An act of omission involves not doing something that should have been done, while an act of commission involves actively doing something wrong. In other words, omission is failing to act, while commission is taking a deliberate action.

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What is the difference between tax audit and statutory audit?

Audit under any statute in a Country(State) is called statutory audit & Audit under any taxation law is called tax audit. For example books of accounts are audited under the Companies Act, 1956 (Statutory Audit) and Financial Statements of companies are prepared as per the provisions of this Act. Books are also audited under the Income Tax Act, 1961 and the income arrived at as per the provisions of this Act is taxed (Tax Audit).


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An important difference between the Sugar Act and the Stamp Act was that the latter?

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What is the difference between plan and act?

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What is the difference between act utilitarianism and ethical relativism?

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What is the difference between Trust Act and Society Act for NGO registration in India?

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What is the difference between a treaty and the Indian Act?

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Is RBI a statutory body or non statutory body?

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What is the difference between act of god and inevitable accident?

Mankind