answersLogoWhite

0

A record is defined as documentary materials that are created, received, maintained, or preserved by an organization in connection with its business activities and are required to be retained for a specific period of time to comply with legal or regulatory requirements.

User Avatar

AnswerBot

1y ago

What else can I help you with?

Continue Learning about Law

Why is statutory requirements important?

Every country has certain Laws passed in the Parliament or Assembly containing rules etc. which are to be followed by the citizens in the country. The laws are statutory and the applicable rules in the laws must be followed by all the citizens irrespective of theri positions. T D MOHAN KUMAR


What does pursuant to statutory law mean?

"Pursuant to statutory law" means in accordance with laws that have been formally enacted by a legislative body. It refers to following the specific regulations and requirements outlined in statutes or laws that have been passed by a governing authority.


What are and what is the difference between statutory and non statutory rights?

The difference between statutory and non statutory rights is that one is supplied by the government and the other one isn't. Statutory rights are bestowed by particular government to governed people and are relative to specific cultures and governments


What is a Non statutory organisation?

A non-statutory organization is a group or entity that is not established or regulated by legislation. These organizations operate independently and are usually formed by individuals with a common interest or goal. Non-statutory organizations do not have legal standing granted by a specific law.


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.

Related Questions

What the definition of a statutory felony?

There is not a definition for the term statutory felony. Statutory law however, refers to law put in place by a legislative office.


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 is statutory requirements of shipboard organization?

what statory requirements


what is statutory requirements?

Requirements that you must have by law to do certain things.


Why statutory audit is requirements?

gordo ;))


What is the definition of non-statutory care?

aas


What is the definition of statutory care?

Statutory Care is care that is provided by the state (governement), such as the NHS for the UK.


Definition of statutory presumption?

Statutory presumption refers to a rebuttable or decisive presumption brought about by a statute.


What are the statutory requirements for shipboard organization?

The statutory requirements for shipboard organizations include a system of audits and checks. The purpose of this is to make sure that cleanliness and safety are priorities.


What is the definition of statutory arbitration?

That is arbitration ruled by law.


What is the difference between statutory and regulatory requirements?

Organizations must comply with statutory requirements by law. Whereas regulatory requirements may or may not have been legally set forth. They are generally used to manage or control an activity.


What are the Various statutory requirements related to labor cost?

Yeah, the various statutory requirements simply relate labor cost. It's always been that way and that's the way it likely enough will stay